The Motley Fool Discussion Boards

Previous Page

Stocks C / CNS, Inc.

URL:  https://boards.fool.com/cns-shareholders-can-breathe-easy-24679487.aspx

Subject:  CNS Shareholders Can Breathe Easy Date:  10/9/2006  3:11 PM
Author:  TMFTwitty Number:  125 of 132

http://www.fool.com/News/mft/2006/mft06100912.htm?ref=foolwatch

CNS Shareholders Can Breathe Easy
By Nathan Parmelee (TMF Doraemon)
October 9, 2006

Normally there is a bit of remorse when a small, growing company is acquired by a much larger one. Even though shareholders might receive a premium of 20% right away, that doesn't generally outweigh the long-term potential for growth that many companies have.

However, when it comes to today's announcement that Hidden Gems selection CNS (Nasdaq: CNXS) will be acquired by GlaxoSmithKline (NYSE: GSK), I think CNS shareholders should be very happy with the $37.50 a share in cash being offered. How happy? Well, if any of you CNS shareholders know a GlaxoSmithKline shareholder, I recommend giving them a big hug and a kiss........
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us