everyone vote NO for this deal. the deal requires a majority of the non-controlling interest to vote in favor of the transaction... i do not foresee that happening, nor does the market if you take note of the company's current share price.
6x EBITDA is a complete ripoff. We will demand an alternative valuation and get our attorney involved. It is bound by U.S. listing standards. Greedy banana republic management. The average Ebitda multiple is 8x in the industry for slower growth. The proper price is $20 and we will get it.
The proper price is well over 20$ with current multiples of growth companies and non growth companies. The fact that US$ is worth less and the brazlian reais will appreciate well into the summer. They are trying to rip off us off and I will not let my shares go for that. MCD trades at 20 X earnings, chipotle trades at 44X earnings, pnra 20X. This company has had huge growth potential and they think they can buy me out at less than I plowed all my savings into this company and they won't take me out. This company has the potential to be valued at over a billion dollars if they re IPO. All shareholders stay strong they are trying to steel the potential we paid for.