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TransMontaigne, Inc. (TMG) Message Board

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  • Wall_St_Shill Wall_St_Shill Jul 21, 2004 1:33 AM Flag

    Sale of Company

    The strategic options could include any of those you had mentioned, but the most logical and likely scenario is a sale of the company. Taking it private seems the next most likely scenario.

    The company has substantial insider ownership that would require a control premium to the market, not just the customary 35-40% premium paid for widely held companies. Often thinly traded, closely held public companies have takeover premiums of 60% or more.

    Whatever the strategic option chosen, TMG will trade at a higher price and shareholders will be rewarded.