Replies to post #15423 on China MediaExpress Holdings, Inc. (fka CCME)

[griff100]

3 or 4 times and you'll only get a double?..You must be in a very high tax bracket.......

[Koufax]

The float is 13M shares. The market price is $13. A sucessful tender offer requires a premium. Maybe $17 gets it done. You are talking $250MM to buy the float. What good does $30M do you?