The news is actually good. I wouldn't say great... but good. When large amount of shares are bought it is always at a discount. The price of $18.76 per share is not much of a discount. This means that the buyer has a lot of confidence in this stock.
The market doesn't seem to like it. I don't really get it either. BKD doesn't make any money off this transaction, correct? So it's not beneficial to them. Can someone please explain. Sorry, my "FinanceFrau" name is a bit of a head fake:)