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Ba1k3es

Ba1k3es
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  • PPG Shareholders: Beware Of Georgia Gulf Exchange Offer [View article]
    Thomas, my thinking was identical to yours. Except I did not do multiple accounts, only one. Today it was reported that even PPG executives tendered shares. I honestly couldn't tell if John was purposely misleading folks or was just foolish.

    In my mind the deal was designed this way for 3 reasons. 1. Tax purposes. 2. The deal structure was designed in a way that is a turn-off for most investors (have to actually read and think it through), which allows exectives to take advantage. 3. Reduces PPG share count to help boost EPS for future quarters.
    Feb 1 01:52 PM | Likes Like |Link to Comment
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