There was so much negativity about such a big acquisition that even a slow progression is fine. People were afraid of the size of the deal. It's a name that will provide some growth for us.
More Quotes from Greg Eckel:
I sense management has been put on a time line. People are looking for an event to surface value.Greg Eckel
It's a positive environment for Canadian stocks right now. We seem to be going into an extended cycle of rising commodity prices. Takeovers are creating a lot of action, supporting valuations.
Greg Eckel
There was no robust auction that I could see. It's been a bizarre process . . . For all the effort and bravado, it's amusing.
Greg Eckel
I think upping the price was the cost of getting the deal done.
Greg Eckel
The demand for it in Canada is going to be insatiable.
Greg Eckel
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