Re: Comments on the AGM
in response to
by
posted on
Nov 08, 2019 05:35PM
Also interesting was that he went on to say that even getting $4B for the company would be good and that 12% of that would be great for Zenith. Just my opinion but to me he sounded like someone who is in the mood for making a deal.
fouremm - clearly there are many that were encouraged by your post and I count myself among them. I do find it a bit odd that DM would show his cards with the $4B buyout price at what is arguably still a public event or forum, even in an informal discussion. If word gets out (and it always does) that 'even getting $4B would be good' then you're surely not going to get more than that, and probably not even that. I realize that I have no context here so at the end of the day this may be no big deal, but it still doesn't seem like a good thing for a CEO in his position to discuss with someone outside the corporate realm. Then again, maybe he already has a standing offer of $4B?