I"m sure there are a million rumors out there. This one doesn't make much sense - RMDY's cap, after today, is about 600MM. VNTV is about $375M, but if VNTV has a good day in next few days, pre- or post-announcement, their cap could be back up to 400 - 500MM. Unlikely RMDY will buy a $500 MM company. VNTV is not distressed - why would they want to do this?
I think that to buy VNTV, you'd need a premium of at least $100 - 200MM (unless this quarter was a disaster, which I think not). SO, someone would have to buy the company for at least 20, and maybe 25 at this point.
This always amazes me, BTW. YOu could have bought VNTV 3 months ago for 10 -12; now, 3 months later, I think you'd need to spend 20 - 25. The company is not fundamentally that different today than 90 days ago. |
