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flying_trader

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flying_trader

Re: charlie T colton post# 5670

Monday, 02/13/2017 12:11:13 AM

Monday, February 13, 2017 12:11:13 AM

Post# of 6624
Yes, the pending split prevented a bid...

They would not have been able to bid until well after the split on Nov 1 which was too late but GE likely knew that and it may have influenced the timing of their bid...

Yes GE has many Billions but we are only talking about less than 600Mil...it would have never gone beyond 1B so ARNC could have easily played that game... they would have at least made GE pay an honest price...

cheers
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