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National Financial Partners Corp. Message Board

  • kovted kovted Jun 10, 2013 10:06 AM Flag

    shareholder lawsuit filed

     

    National Financial Partners Investor Sues to Block Takeover
    By Bob Van Voris

    June 10 (Bloomberg) -- A National Financial Partners Corp.
    shareholder sued to block Madison Dearborn Partners LLC’s
    proposed $1.3 billion takeover of the company.

    For more information, please contact 1-877-772-3975

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    • Well, the vote was strongly supportive of the buyout. So all the big holders were supporting it, which must explain why nary a peep has been heard. If all the big holders built their positions when the stock was in the dumps, then you have to give them a tip of the hat for good timing. Their greatest fear must have been to see the stock fall back if the buyout failed.

      If this stock ever comes public again, I doubt it will be at 1x revenues :)