Absolutely the wrong decision! There is no upside potential by accepting Ali Group's bid. With Middleby's offer, you had the potential for significant share price growth. At the end of the day what do we get? Just another short-sighted money grab by WBT's board.
M
It will be better in most cases if you take the stock instead of the cash since it won't be taxable immediately.
l
They had some interesting insights about WBT on (http://Rightpicker.com). Definitely made me think twice about the company.
S
WBT will have another offer of 25.00 and they will take it....!!!! Buy Buy Buy WBT Europe wants that market and will get it from the WBT share holders...!!!Buy
M
Just wonderful. Now we have to pay taxes on the profit. Take the Middleby offer.
e
$3.3B Bid, any price higher than this will make it overvalued!
G
Trading higher than the all cash bid, investors thinking a sweetened bid to clinch the deal? Or a bidding war?
G
Sold half of the stock holding, take profits All the short September 20 puts (sold at $2) looking real good..
S
Looks like a good time to jump on board WBT. I hear there will be a bidding war for the company being post pandemic, and new inventory selling to restaurants, and food processing companies. I see 40.00+++ before the deal is done!!!...!!!
G
Will stop and have a beer now .. at 11 AM. Have not done that in 10 years but this is my largest holding/options bet, so indulge me. Congratulations to all longs!!
S
Merger sooner than later for WBT so Buy Buy Buy WBT and be rewarded later if you hold...!!!
p
They had some interesting insights about WBT on (http://Multistockalerts.com). Definitely made me think twice about the company.
L
Actual deal will be transacted at 4.8 billion dollars.
l
This has been some ride. Made close to 423,000 so far/.
A
The deal won't close at this high retail share price. Guess it is a done.
L
Icahn will want a sweetened bid.
e
$23 per share is the right amount considering the market cap. Only way this SP will continue to go up is with a higher bid.
Good luck to all!
L
Buy Out could be 4.5 Billion. Ichan a tough seller. Room for stock to continue run up in price.
All the short September 20 puts (sold at $2) looking real good..
Have not done that in 10 years but this is my largest holding/options bet, so indulge me. Congratulations to all longs!!
Good luck to all!
Ichan a tough seller. Room for stock to continue
run up in price.