The market has established the value of the shares at that price. If it is rejected, there is very little the minority shareholders can do, as there aren't any other offers on the table. |
The ratings of Standard & Poor's on HBC may be affirmed, lowered or withdrawn, depending on the outcome of Standard & Poor's review. |
They all have brought down prices. You have to make sure their same-store sales are positive in a deflationary environment, so that's relatively positive, but it's early days yet. The integration seems to be on track. |