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Wrap – Week Ended 3/27/15
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29
Mar
http://www.marketwatch.com/story/officials-make-final-push-for-iran-deal-2015-03-29?link=MW_latest_news
March 29th, 2015 at 2:39 pmLPI:
I'm catching up on Warberg buying ~42mm shares of the 69mm deal. Either they really love the stock (as Yahoo shows the outstanding shares as 142mm) or Credit Suisse couldn't sell the deal.
I think co.s and I bankers usually would rather find fresh-blood buyers than park the stock with existing PE owners. Thoughts?
March 29th, 2015 at 7:42 pmre 2 – I have no special insight on what Warberg is thinking. I think you answered your own question with the last statement so don't think you need my thoughts.
March 29th, 2015 at 8:12 pmhttp://www.nytimes.com/2015/03/30/world/middleeast/iran-backs-away-from-key-detail-in-nuclear-deal.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=0
March 29th, 2015 at 8:43 pmIs there anything about this Iran deal that can be argued makes the US and ME safer?
March 29th, 2015 at 9:22 pmre 5 – If signing it bought Iranian support against ISIS or a retreat in support for various Shi'a extremists then yes, one could make that argument.
March 29th, 2015 at 9:25 pm