NO offer on table at this time. If they were going to pay 40-50 when stock was in the 30s', if they made another bid which is highly unlikely it would be much lower.
Shareholder lawsuits coming for not properly considering the bid, obviously at a higher rate than today's close.
People love to buy junk and pray it turns into gold.
Patient and shareholder lawsuits still to come with government investigations that will take three to five to resolve regardless of the outcome. VRX is dead money, there are better places to park your money.
Because people love to buy junk and then pray it turns into gold. Sad very sad. Average down to ZERO.
Junk is on sale again today. Buy HLF because every time Ackman says something the market does the opposite. Junkyard dog VRX is going below 20. Three to five years for recovery if any is possible. elrrambu
Investment banks, pension funds, and institutional investors hold the bonds. The only way to reduce the debt is Chapter 11. Ackman has experience in this area with GGP. It is pass time to get rid of this junkyard dog.