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Re: UpstateChris post# 223

Thursday, 05/27/2010 2:29:20 PM

Thursday, May 27, 2010 2:29:20 PM

Post# of 404
For all of you MPG followers you will find comfort in this news... It looks like MPG is finally getting some attention as a takeover candidate. Although I cannot divulge details (MPG was my previous employer) there are current talks for a cash buyout going on.

Looking at the current valuation of the company and improving outlook I would estimate an 8-11 dollar a share buyout. That is my opinion... in a better market they would fetch much more.

Let's see what happens. :)