I realize that a buyout is probably not on most long's wish list, but this latest surprise has to have DuPont, PPG and Merck (German) crunching some numbers. An offer above $65 a share and it's game over. It would be a "steal."
Discuss amongst yourselves.
I hate to say it, but let's face it; it would be very difficult to say "No" to a $60/share buyout offer ( a steal of a deal for a Merck, DuPont or ....
Unfortunately, management and retail investors will not be the "deciders" (as G.W. Bush might say).