Below are some additional thoughts on the latest MUFG-UB offer (these comments were originally posted in response to an article published by Reuters; edited for style/formatting). UB’s [[UB]] Special Committee is very opportunistic and knows what it is doing. It has effectively taken its minority stake hostage vis a vis its board representation and a [...]
Archive | August 18, 2008
MUFG Now Really Overpaying for Union Bank, Oh Well (Shikataganai)
$58 a share — no! $63 a share — no! $73 a share — oh, sure, might as well, especially in this market. Hats off to Mr. Farman and company for helping the little guys at Union Bank [[UB]] get paid. Still scratching your head about what Mitsubishi UFJ [[MTU]] is thinking? Keep scratching. For [...]
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