MLX NST TAM

IMO TAM had no option but to sign HOA with NST. Word of the...

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  1. ropoh
    562 Posts.
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    02/03/15
    22:54
    Post #: 14848167
    IMO TAM had no option but to sign HOA with NST. Word of the superior offer would have seen the MLX offer fail the shareholder vote so they needed to bind NST to their offer. They could hardly tell shareholders they rejected a superior offer.

    Tough gig.
    NST Price at posting: $2.40 Sentiment: None Disclosure: Not Held
    TAM Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
    MLX Price at posting: $1.24 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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