What do you mean, who would benefit?
Parent wants out. They fired the CEO and Ms. Wu in 2016. They are fed up with what has been going on in the US. And who wouldn't be. They would get the plantations, Hemp/CBD and $600M in cash all for themselves.
As for Ms. Wu and her partners/friends, they would have their own company. No more parent bugging them. All the cash they want. And the toys they choose to have.
As for us, it all depends on how they spend that $11/share. The company is certainly worth more than a $5 bouyout.
So everyone wins. Assuming that the current Board is able make something of that $11 in cash. And the obvious solution would be paying out half as a special dividend. No way this friggin market will beat the stock down to 0.04 again. No more China either.
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