It would depend on the size of the company doing the buyout. $1.00 makes puts the company at 5 billion. The company would have to have enough resources to make that happen. For example Cisco has 15 billion allocated to acquire IoT/Wearable technology. However, a smaller tech company such as Cooper Companies are in the high 100 million range. Intel, I strongly think will have the best opportunity. It'll be in the development deal that they get first dibs after COO. COO won't be able to match Intel's price. I think it's safe to say a starting price for negotiating would be .88 a share.
Fact is, EPGL won't settle for peanuts. They'll get what they think they worth.
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.