The Best Advice You Could Ever Get About 정보이용료

On Friday, flash http://edition.cnn.com/search/?text=소액결제 media maker Lexar Media (LEXR) gained a better revised takeover bid from Micron Technology (MU). The revised bid sites the all-stock Trade give at about $10 a share, up marginally with the Preliminary bid.

But major shareholders which includes billionaire Trader Carl Icahn as well as hedge money and portfolio professionals have deemed the initial bid to generally be inappropriate. Elliott Associates thinks the Preliminary bid “considerably undervalues Lexar,” and feels Lexar is value amongst $one.5 billion and $2.4 billion. The estimate is well above the revised takeover bid of about $827 million.

I need to concur and say the revised takeover bid is way too small and really should be rejected by shareholders. Micron desires to pay out around one.10x sales for Lexar whilst the market leader SanDisk (SNDK) is trading at 4.35x revenue. Lexar also provides a $four hundred million patent infringement lawsuit in opposition to Toshiba that it had Beforehand gained but is currently subject 정보이용료 to an attraction by Toshiba.

Think about it using this method, An effective $400 million settlement in favor of Lexar would equate to about $four.eighty three per share in more funds so as to add to The present $0.54 in free cash just after debt that Lexar has. This means Micron would pay back below $5 a share for Lexars assets, that's lower.

There exists also speculation that SanDisk is severely considering having a operate at acquiring Lexar. This could sound right due to the fact SanDisk would solidify its Management place.

Also, SanDisk has a close Doing the job romantic relationship with Toshiba, which could see SanDisk drop or decrease the settlement if it managed to obtain Lexar.

Remain tune. A Particular shareholder meeting to critique the takeover bid has become moved to June sixteen. In my check out, the $10 bid undervalues Lexar. Problem is will a white knight surface area?