that can be a difficult call for the company and investors. The company has to be generating the free cash flow to do the buy back. But then you might ask, is that the best use of their cash for creating shareholder value?
i just don't see a company that's generating free cash flow merging with a Tecco created company. Too many far more adventagous options available.
read the past disclosures from Global. They had/have nothing. This was a paper entity and nothing more. why on earth would any company generating profits merge with this thing? it offers nothing. far better...cleaner shells out there
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