It all comes down to money. Cooper owes it to their shareholders to try and get the best discount possible. EPGL owes it to their shareholders to get the most out of their work. There are so many factors to be considered in a deal like this. Royalties from sales of the smart lens, milestone achievements, etc, etc.
I think its going to take bit more time. Closer to the end of 2015. Coopervision isn't immune to the current market environment. Lot of national & global factors effecting their business. It'll get done soon enough though. Just gotta be patient.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.