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$AFMD Would be a shame if Kevin Tang’s Concentra swooped in on Affimed and tried to make an unsolicited play to acquire the company. A real shame… https://t.co/6lk9VILPeb
Redishred ($KUT.V) getting bought for $5.00/sh vs. trading price of $4.86 last week. Business is literally getting stolen from its shareholders. What a shame!
Paper recycling company decides to $KUT.V and run; shouldn't complain about sellouts and paper hands - they literally told you their game plan. 😉 https://t.co/6TbBVFgTAu
Redishred Capital Inc. ($KUT.V) has announced its acquisition by VRC Companies for $5.00 per share, representing a 22% premium over the stock's last closing price of $4.10. This acquisition values Redishred at approximately $95 million, equating to 7.9 times its trailing twelve months (TTM) EBITDA. The announcement has drawn mixed reactions from shareholders, with some expressing disappointment over the perceived low bid and the board's decision to sell the company. The acquisition comes amid a backdrop of shareholder dissatisfaction, with comments highlighting feelings of being let down by the board's actions.
