the conversion from B to A will make Cynosure available for a takeover bid: as of today, class B shares give the control of Cynosure to the italian EL.EN .
El.En holds 23% of CYNO and its entire market cap is less than the holding in CYNO. So when they sell they will have market cap of 70M €, net cash of 75M€, EBITDA of 10M€...it will at least double but I guess much more than that
Hurry and send this to JNJ bod. They're probably 'sleeping at the wheel" and don't know this. Send asap to bod.
Make sure you get a systematic return on the chromatweetybellfaster shares along with a pair of gloves with your E- Bitda-Cap, Jack