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Meade Instruments Corp. (MEAD) Message Board

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  • sidewinder587 sidewinder587 May 1, 2009 12:10 PM Flag

    buyout

    sorry, my mistake. I am not good with dates.

    Nikon might be a good canidate but I am 99.9% certain that the buyout will be with a investment group rather than a company.

    the investment group plans to take meade private.

    they are offering to buy meade for a little over a $1 or a 700% premimium over the last 6 month moving average.


    The buyout plan will most likely go through because there are hardly any insitutional investors left so approval is likely. However, approval is not likely is the Meade CEO and board of director is afraid of giving up their power once meade goes private.

 
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