Not looking out for your shareholders is rotten as can be...down 12% now. Sorry shareholders. I know the pain as went through the same kind of debacle with Yang/YHOO & Balmer/MSFT but at least the YHOO board was willing to talk. YHOO has come back nicely after years but not easy on the stomach, for sure. Blessings
There is value here and its easy to get at. Stubborn and unreasonable boards are quickly replaced.
This stock is worth 90 to 100 bucks a share. Rupert did not want to cough up that much, but somebody will.
The stock will drift back up into the mid 80s very quickly. The valuation has been assigned already.
Not to mention very good earnings are coming up.
That's around where the stock started to move from. If other bids don't come in it could drift toward $68 that's what the chart shows. CNBC did there best to try to get shares higher. FOX just announced over a $6 billion dollar buyback that kind of tells me they are done.
Easy come easy go.The only losers are the greedy stiffs that refused to ring the cash register.
to be announced in 6 weeks. Be patient, you will be rewarded. This is billionaires fighting over pennies.
Sentiment: Strong Buy
TWX won't see 88.xx anytime soon (or forever).
Only the bold would have shorted TWX thinking the deal would not go through.
Slim chance another bidder comes in with a better off.
Can't be greedy in these bear hugs...thinking the price is too low and want more.
It's only paper profits vanished (lol).
This is like going through hell twice - the first time is the TW-AOL merger in 2000.