Last I saw... BASF was $89 pps... If Cargill is as big but private and doing much business... they could be also over $100 pps... Not to mention other qualifying companies bidding for BioAmber.
Fair market pricing thus might be more than we think, especially if taking over the company puts them #1 in the Succinc Acid manufacturing.
Could be multiple dollars not single digit.
We do have strategic buyers as well bidding and they might make an offer to buy the entire lot instead of just financing their debt. why not?
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