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News: PRT UPDATE 2-Australia's Seven West Media says Prime takeover offer falls through, page-9

  1. daicosisgod
    1,579 Posts.
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    26/09/17
    17:34
    Post #: 27470034
    The 8 for 10 ratio was probably calculated at a much higher SWM share price I guesss?

    My theory is that if Kerry Stokes wants out of media entirely then he needs Prime to bulk up the 7 Network with revenue and economies of scale and synergies. If Stokes was able to achieve this then he will be in a better position to extract a much higher bid for SWM.

    Time will tell.
    PRT Price at posting: 40.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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