I believe this independent expert's report is for TAG shareholders, not for CCE shareholders, because TAG shareholders have to vote on the merger. These reports are commissioned by the purchaser, not the seller. I assume CCE will not release anything similar because it would show just how negligent CCE was in purchasing EMC, a money-pit running huge losses, for $15m, resulting in such a huge loss of shareholder value in such a short time.
All in my humble opinion.
CCE Price at posting:
1.9¢ Sentiment: None Disclosure: Held
