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Cullen/Frost Bankers, Inc. Message Board

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  • janusdealer janusdealer Apr 27, 2012 12:16 PM Flag

    Kudos to CFR employees for a great

    I agree about undervalued and lots of cash on the books. normally I would say yes. But CFR will fight tooth and nail not to be taken over. And in the banking industry today that pretty much puts a nail in a takeover coffin. Plus the takeoveree (!) would have to adjust BV to market value. that may or may not be pleasant. I think in CFR's case it may be okay...most others not.

    If you really are looking for a takeover candidate look at SBSI. just a WAG!

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