If I recall correctly, the connection here is Mark Bamforth. He was on the Avid Board then went off and started a CDMO called Brammer. They became part of the Ampersand Portfolio. Bamforth now works at Ampersand. Good price based upon current net income. Terrible price based upon the expansion capabilities.
Just don't understand why these new facilities aren't humming.
I would think the shares bought after the buyout news would not be eligible to vote in the shareholders approval of the sale. And if that is the case the votes of the retail shareholders would make a bigger difference. I would think those who bought at higher to much higher prices will vote against the approval of the sale.
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