If the $1.50 CVR was added to the $6.44 for $7.94 I would think that would be a low but reasonable offer. Even then, with all of the talk from analysts looking at $10, $12 range, an $8 offer would be the minimum low ball. However, the $1.50 is 3 years away, so practically speaking we have to consider $6.44 which is far too low. A lot can happen in 3 years. Anyone looking at MACK?
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.