Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<ul><li>6 Oct&nbsp;2015&nbsp;- Board of UXC Ltd announced that it has received an indicative, non-binding and conditional proposal from Corporate Science Corp to acquire all of&nbsp;its shares</li><li>UXC has entered into a process agreement with CSC for a potential acquisition by way of a scheme of arrangement</li><li>The offer comes in at AUD 1.28, comprising of AUD 1.26 in cash and AUD 0.02 franked dividend.</li><li>CSC has been granted a 5 week period of exclusive due diligence.&nbsp;</li></ul>CSC is a much larger company with a market cap of USD 8.75bn and USD 2.2bn of cash and cash equivalent on their balance sheet.What is the possibility of a bump in the offer price? Our thoughts&nbsp;on this event below the fold..

6 Oct&nbsp;2015&nbsp;- Board of UXC Ltd announced that it has received an indicative, non-binding and conditional proposal from Corporate Science Corp to acquire all of&nbsp;its sharesUXC has entered into a process agreement with CSC for a potential acquisition by way of a scheme of arrangementThe offer comes in at AUD 1.28, comprising of AUD 1.26 in cash and AUD 0.02 franked dividend.CSC has been granted a 5 week period of exclusive due diligence.&nbsp;CSC is a much larger company with a market cap of USD 8.75bn and USD 2.2bn of cash and cash equivalent on their balance sheet.What is the possibility of a bump in the offer price? Our thoughts&nbsp;on this event below the fold..

UXC Ltd

UXC / CSC - Who will blink first?