Q: As you said about DND in the last answer 'that's just this week' and the week wasn't over!
If you looked at DND as a target and assume it can get a fair valuation for its business, what do you think that range is? or in other words if someone believed they could buy the business and not the drama what is the range? Any guesses on who might be buyers?
If you looked at DND as a target and assume it can get a fair valuation for its business, what do you think that range is? or in other words if someone believed they could buy the business and not the drama what is the range? Any guesses on who might be buyers?
5i Research Answer:
There were 'expressions of interest' before at $20 but much has changed since then. Plantro would be the logical buyer, or another private equity fund. We think investors would be more than happy to tender at anything higher than $11.