Wed, Sep 3, 2014, 4:23 AM EDT - U.S. Markets open in 5 hrs 7 mins

Recent

% | $
Quotes you view appear here for quick access.

PLC Systems Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • jacosa jacosa Mar 30, 2010 10:58 AM Flag

    Partner

    Look to JAV for a company in health care with a sure winner but no remaining money. Not an unlikely outcome: take-out at a price above market but well below what holders would like. And all stock. I'd GUESS $0.40-0.50 nominal value.

    Since there aren't really any third-line diversified medical equipment suppliers left in the US, I'd expect a European buyer. This could take some time. (The easiest way to do it might be a management LBO followed by private sale--I think Avaya did that a couple years ago if anyone wants to look at mechanics).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Jacosa,

      I agree. The takeout price will likely be at some premium to the exercise price of management options which is .26. .40 or .50 is not unreasonable. I think it would be more attractive to a European buyer given that it has EU approval and some distribution. I am not convinced that RG is a sure winner. The kit/console numbers don't give me much confidence.

    • And on my guess that a European buyer for PLC makes more sense than a North American one, this is probably not a great time for a medium-size European company to tie up money. So MORE days of nothing.

      On the plus side, JAV, my example of a comparable situation, got a sweeter deal at the last minute.

 
PLCSF
0.0125+0.0036(+40.45%)Sep 2 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.