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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (4158)	4/11/2016 12:53:09 PM
From: richardred	Respond to of 7239

Hi OX that may be true, but IMO the stock sold at a higher price just last year. I'm merely suggesting the lawyers representing AFOP shareholders will bring this point out in a fairness opinion. Corning is also suggesting the acquisition to be accretive to its earnings per share, during the first year. I think there might be a fair chance to get a buck or more out of GLW. Apparently the company has more value to GLW because of it current fiber optic business that was growing. P.S. I'm staying away myself. Insiders own quite a bit and due to your points, chances of a White Knight are much reduced. Hypothetical White Knight cost -16 mil for a buck more bid plus a breakup fee.