The buyout will never close I'm quite sure. How convenient that company declined the original "offer" by an unknown "bank" (lol) and are waiting another few days on acceptance of a counter-offer. More time to sell shares. Then, if the counter-offer is rejected, the deal simply breaks apart and the parties will never be disclosed.
- Why would they decline an offer 9x the value of its current pps as "insufficient for its shareholders"? - Why is "the bank" not buying up shares at these prices?
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