Amy, RE: I'm curious why investors are not informed about the purchase price of a buyout? Maybe there is some good reason for not disclosing this, like minimizing comparison bid-ups.
There are many good reasons not to disclose the price of a buyout. In almost all cases, it just isn't in the best interest of the acquiring company to disclose the purchase price. As you note, it gives leverage to other companies that they may be negotiating with. In addition, it gives competitors an insight into what they might need to bid in a competitive process. The only drawback is that it keeps information from shareholders and the market in general. As always, more information is preferred to less. Alas, though, if the an acquisition isn't "material", you'll almost never see the purchase price disclosed.
What we need is a good, hard, long recession to kick the bad out that's floated in lately.
"Good" and "long, hard recession" strikes me as an oxymoron. Nevertheless, I agree with your point. I'm hoping, however, that the recession doesn't have to be as harsh or long as you think. |
