Quote:
| The current shareholder's don't care; they are getting a fixed purchase price per share (assuming the pending private equity deal goes through). Whenever you have management running a company in a pending sale situation, they always make the "safe" choice and don't do anything that could risk the deal not closing. It throws priorities out of whack because missing out on a bit of profit is much less important than taking on any additional risk (or the perception of risk). |
Very true, thanks.
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My two favorite quotes:
"There's a million ways to make a million dollars, you only have to find one."
"The harder I work, the luckier I get."
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