Seeking Alpha
  • Chris DeMuth Jr.
    $OUTD at a new 52-week high. Likely a double digit price soon
    5/2/13
    Reply (6)
    • byslkwd: Why is it trading at a bigger premium to the current bid now then it was when the offer was only 8.75? Still long...
      5/2/13
    • Miguel Marecos: Expectations, I believe! Still long..
      5/2/13
    • Chris DeMuth Jr.: There are now two active bidders with financing. InterMedia had a stock component before and will probably add one back.
      5/2/13
    • ActionDavidK: Kroenke increased their offer to $9.35 per share
      5/2/13
    • Chris DeMuth Jr.: The ball is back in InterMedia's court. $OUTD is worth at least $12 to InterMedia. So, a next step might be to return the $0.50 pref. On.
      5/2/13
    • Chris DeMuth Jr.: Double digit price.
      5/3/13
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