Q: Peter,
MT is going to make a decision within the next 30 days or so about any future steps. Do you think they would have any concrete offers to work with? Just that the companies that have decided not to pursue strategic alternatives have recently been punished badly? I hope that is not the case with MT. Also if there is an offer what would be a reasonable range as analysts have recently downgraded the stock to just 12 dollars.
MT is going to make a decision within the next 30 days or so about any future steps. Do you think they would have any concrete offers to work with? Just that the companies that have decided not to pursue strategic alternatives have recently been punished badly? I hope that is not the case with MT. Also if there is an offer what would be a reasonable range as analysts have recently downgraded the stock to just 12 dollars.