Last October LNK received an attractive $5.40 bid from a private equity consortium, one which the largest shareholder Perpetual (PPT) supported assuming nobody came in at a higher price. New bidders, SS&C Technology, then trumped the bid in December with their own offer at $5.65 per share however both offers were subsequently withdrawn after the companies completed their due diligence – never a good sign. If suitors with access to the books no longer want the company, why should we!
MM is neutral LNK
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