WTF are Panasonic doing? If Goldman Sachs could sell their shares for 148 yen on the market, why would they accept 130? Takeovers must be for significantly higher prices than the market. I would say 250 yen is a much more realistic offer.
not if nobody wants to buy the shares other than Panasonic and in serious bulk. There are times when you can buy shares for a discount when it's cash in hand and not some 50% stock options trade off
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3 Comments
some14some at 07:54 AM JST - 5th December
Goldman sachs should encash now otherwise may regret like Yahoo who rejected MS offer.
cow76 at 12:37 PM JST - 5th December
WTF are Panasonic doing? If Goldman Sachs could sell their shares for 148 yen on the market, why would they accept 130? Takeovers must be for significantly higher prices than the market. I would say 250 yen is a much more realistic offer.
cwhite at 01:12 AM JST - 6th December
not if nobody wants to buy the shares other than Panasonic and in serious bulk. There are times when you can buy shares for a discount when it's cash in hand and not some 50% stock options trade off