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Tender offer Barnes and Noble @ $6.50

  • 25-07-2019 08:38AM
    #1
    MuttonChop
    Registered Users, Registered Users 2 Posts: 9 ✭


    As part of the acquisition/merger there's an offer to buy outstanding shares at $6.50 a pop. Is anyone tempted to take the offer, or are you going to hang on and see how things go?


Comments

  • #2
    Jim2007
    Moderators, Business & Finance Moderators Posts: 11,088 Mod ✭✭✭✭Jim2007


    MuttonChop wrote: »
    As part of the acquisition/merger there's an offer to buy outstanding shares at $6.50 a pop. Is anyone tempted to take the offer, or are you going to hang on and see how things go?

    If you expect others to share their analysis, then you need to let us have yours???


  • #3
    Thargor
    Registered Users, Registered Users 2 Posts: 18,298 ✭✭✭✭Thargor


    https://finance.yahoo.com/quote/BKS/

    They're higher than that now so why not just sell for more on market?

    Physical retail is dying, booksellers are dying, looks like they fecked up the one glimmer of hope in their ereader line, loads of better places for your money, just my amateur opinion.


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