The winner in acquisition is the acquiree (one getting bought out) who sells for a premium, either in cash or share placement that could probably be underwritten by someone (insto) (would you accept declining BUD shares otherwise?) . Or they have to raise CR and use proceeds to pay the acquiree. So the discount has to be large enough for the underwriter to absorb, if they cannot get enough interest, they may have to increase it (discount). Buying revenues IMO is not much use other than reducing management stress to justify themselves quarter after quarter - akin to diversion tactics. A play can be in the making for the some people to exit (for new or existing retailers to be sucked in) and if I remember a leaf off the BIG HC forum book, some people on HC could also be working in tandem with such play.
BUD Price at posting:
9.5¢ Sentiment: Sell Disclosure: Not Held
