"Jbahs - How could they possibly look smart? Selling at a zero premium prior to the price going up 30% - oh yes they'll look real smart."
If the acquisition of FUN does not proceed ABC still gets its cash - that is why they MIGHT look smart.
The transaction is a long way from being completed and is subject to DD and financing. Maybe ABC know it is a dog and chose to cash out when they could.
Wait and see until passing judgement RADGEBADGE
ABS
a.b.c. learning centres limited