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Re: as we wait...

By: drwein72 in IDCC | Recommend this post (0)
Tue, 06 Sep 11 5:19 PM | 22 view(s)
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Msg. 42544 of 48237
(This msg. is a reply to 42543 by spider69)

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Just think what you would do if you wished to sell something like your car. Would you put an ad in the paper and just say, "make your best offer." Wouldn't say something about the what you are looking for?


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The above is a reply to the following message:
as we wait...
By: spider69
in IDCC
Tue, 06 Sep 11 5:06 PM
Msg. 42543 of 48237

We have all pretty much been focused on the value of the company and what $$ figure that sale might fetch. Does anyone truly believe there is any other option being considered than an all out sale? I just can't imagine it at this time...Secondly, would IDCC board have set a minimum "bid" for Evercore to pursue? I know so little about M&A that I am curious whether a board gives them a minimum and/or a target number or just lets go do what they do, find the deals and present them to the board...heres hoping for a great next couple of weeks for us long time longs....


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