According to the Financial Times, «JPMorgan executives are particularly concerned at the disappointment felt by Bear's rank and file, many of whom are shareholders, at
the low takeover price.»
Not exact matches
The potential deal, while still unconfirmed, has already attracted its fair share of skeptics who doubt it will go through due to Tsinghua's
low offer
price and the fact that U.S. regulators are likely to be cautious about a large
takeover by a Chinese state - owned company.
CNBC's Josh Lipton reports on comments from Qualcomm over Broadcom's latest
takeover proposal with a
lower price per share.
While the $ 2.36 per share offer only implies a «small» 15 per cent
takeover premium to Deutsche's $ 2.05
price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks of the Northern Beaches greenfield project and our
lower revenue growth outlook for the private hospital industry.»
In reality (as you may have suspected from the
lower pricing of the bid), the UK
Takeover Code is but a fond dream here.
And even if current management is the reason for a poor occupancy level, one can hope to benefit ultimately from a
low original entry
price, new activist shareholders appearing or even a
takeover bid from a better managed (or financed) company.
-- But it's hard for me to invest in a bid (even a firm bid) if I estimate intrinsic value «s far
lower than the share /
takeover price.