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Re: Enterprising Investor post# 60

Thursday, 06/13/2013 10:16:29 PM

Thursday, June 13, 2013 10:16:29 PM

Post# of 343
Prediction: Tender Offer

Now that this news has finally hit the financial press, the easiest way to make the financial reporting problem go away is for Sister Co. to buy up shares in a tender offer. It won't be easy. Some lowball offer may attract some shares, but most holders will hold out.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International