Q: Hi Team,
With regards to your team's views on CSS offer being bid up, I just read that TFI has already reached the max they can borrow for the CSS deal. How are they supposed to finance a higher bid. What is the risk the offer will not be accepted by shareholders and no counter offer comes from TFI as well. Where do you think the price will head in that scenario. Thanks
With regards to your team's views on CSS offer being bid up, I just read that TFI has already reached the max they can borrow for the CSS deal. How are they supposed to finance a higher bid. What is the risk the offer will not be accepted by shareholders and no counter offer comes from TFI as well. Where do you think the price will head in that scenario. Thanks