Author Topic: TECD - Tech Data  (Read 3393 times)

Okonomen

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Re: TECD - Tech Data
« Reply #10 on: October 16, 2019, 05:03:21 AM »
Apollo offers 130/share for TECD. Only 15% premium. I think its a low ball offer. Would have been higher if it was from a competitor. Hope to see some bidding war. Will prefer to keep my shares than to sell on 130 USD

https://seekingalpha.com/news/3505992-apollo-global-offers-5b-bid-tech-data-reuters


kab60

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Re: TECD - Tech Data
« Reply #11 on: October 16, 2019, 06:54:16 AM »
Apollo are always cheap. Understand your reluctance to sell. Nice call either way.

Okonomen

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Re: TECD - Tech Data
« Reply #12 on: October 16, 2019, 03:08:21 PM »
Apollo are always cheap. Understand your reluctance to sell. Nice call either way.

Those bastards. And thanks!

Okonomen

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Re: TECD - Tech Data
« Reply #13 on: December 03, 2019, 01:05:26 AM »
TECD getting bought at 145 USD/Share. Berkshire Hathaway was one of the bidders. Still too cheap both on multiples and also considering the quality of the business model and the fact that TECD is best in class within tech distributors. I would have loved to keep my shares.

On Dec 9th the window closes for bids. I doubt BRK will bid again

https://seekingalpha.com/news/3522676-berkshire-hathaway-tech-data-bidder