I know that the news says there is a possibility of this company being bought out. But just how kosher is it and where did thid news come from.
Thanks in advance

Today, Travelocity offers 1.65 and the Directors say "yes" - so where is the shareholder value? I thought this co floated at 4 not long ago....fell like a stone and is just about treading water.
Shareholder value - those who read and believed the Prospectus should ask for a refund.

This short-termism has got to stop.

If the Directors are not capable of creating value then they should be forced out and leave the job to people who can. Maybe that's where Travelocity sees its future, but buying on the cheap is shabby for shareholders.
I have to admit I sold out in 2003 at 1.12, so persoanally I gained having bought at an average 41p but that's hardly the point, to shareholder-value is it?
Usually I'm in with the majority that lose.
The Offer is at a 50% premium to the recent closing prices.

hangon- What's the deal? is it just cash?