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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.030+2.5%Oct 31 9:30 AM EST

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To: E_K_S who wrote (5857)2/20/2020 12:29:14 AM
From: richardred  Read Replies (1) of 7239
 
Well I guess we know it's was less than >267 million. I"m still hoping it was a high margin profitable business. If that be the case. Maybe 3 X sales. Guessing 80 million sales= 240 million purchase price? I like how it fits their biggest unit well (GREEN GIANT/ FROZEN). (Scale) Maybe a fast ramp up for bigger distribution. Saw a Birdseye bag on the web site. Maybe it also takes business away from competitor Birdseye? Maybe not a lot to get excited about till after earnings and more info comes out. Then we'll see how the cookie crumbles..
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