We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Meditation on OM

17 June 2015 By Ben Claremon

The $1 bln buyout undervalues the specialty chemicals maker, writes Jeffrey Bronchick, whose Cove Street owns a 1.5 pct stake. The implied price Apollo is paying for the main magnetics unit is just 1.7 times EBITDA. Barring a revolt, a go-shop provision is the last best hope.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)