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Yongye International, AŞ Message Board

  • bustersquare bustersquare Jun 17, 2013 11:56 AM Flag

    Going Private Transaction

    I would expect an update on the going private transaction by the end of the week (latest). After months of deliberations since the stock has been halted, I am assuming the Special Committee will either (1) accept the deal (hopefully not), (2) reject the deal for being too low (my preferred scencario), or (3) have a new negotiated take out price with a quick timeline to close (the most logical scenario).

    Any delay from hereon in seems ludicrous. Why would the Board/SP Cmte, want a lame stock where people have begun to ignore the prospects of the company and instead concentrate on the going private transaction? There is no reason to delay any further. The last piece of the puzzle was put into place with the restart of trading this morning. We have already missed the huge bull market during the last 8 months. Let there be no further delay!!

    Sentiment: Strong Buy

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7.05+0.01(+0.14%)Jul 3 1:00 PMEDT