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Metaldyne Performance Group Inc. Message Board

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  • samsonp65 samsonp65 Jan 23, 2008 5:56 PM Flag

    PPS gets hostile bid

    Funny, no firm offer, just a written "proposal" that Cadim can renounce at any time based on any number of contingencies. Didn't we learn this lesson when the Wall Street Journal "leaked" a story about Maguire taking a run at the company that bears his name? Cadim could've sold their PPS positions in the open market or even gone short. The stock sure met some resistance and never even made it to the lower range of their "proposal" I've got a proposal for them...stop manipulating the market for your own greedy benefit.

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