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G. Willi Food-International Ltd. Message Board

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  • farvosnit farvosnit Oct 3, 2007 10:51 AM Flag

    UPDATE - MOU announced

    Just like to point out- the deal calls for 40%in cash remainder in"WILLI FOOD SHARES"(that's us).By the way it's agreat deal at 4.08.

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    • I am concerned with the lack of positive response from NY. There may be something not so great for WILC stock holders about this deal after all.

      The purchase price will be paid 40 percent in cash and the remainder in Willi shares at the price Gaydamak paid to get control of Willi in June ($10/share).

      What does that mean for us? It's not clear to me.

      With a small volume moving and the price neutral today, while the news is out... it does not look too promising. Again.

      But I am holding at least until the situation appears to be clearer. I'd be very happy to get $11 for my shares.

 
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