recycler rubbishes buyout bid, page-2

Nice try TPI!!

Transpacific went through an aggressive acquisition period where they offered to pay off outstanding debt of potential takeover targets combined with TPI shares (when applicable) to make up the difference.

IMO a big gamble to take by those who swapped their lifelong businesses for TPI shares who have essentially placed their livelihoods into someone else’s hands.

We all know what has happened to debt laden companies in this current market.

JB