As some of you may know BMC has two offers pending from two PE firms to take BMC private via an LBO. Decisions on the offers will be made soon. Does anyone want to prediction the price BMC may be taken out at?
Markets are pretty efficient, albeit a little crooked too. Either a deal is imminent and the current price is pretty close to the take out, or the takeout will be higher but there is risk of it not consummating. Thats the only two possibilities. I'm betting the latter, and I'm betting that it happens at around $48