This morning Pacific Internet (PCNTF), a stock we’ve been holding since last February, finally received a new acquisition offer from Asia Netcom, for about $10.15 per share.
>>Read MorePCNTF
Pacific Internet (PCNTF) Receives a New Acquisition Offer
Friday, January 12th, 2007MediaRing Ups Bid for Pacific Internet
Thursday, June 22nd, 2006Congrats to our subscribers who have held on to Pacific Internet (PCNTF). Today, MediaRing increased their bid for the company to $9.50 per share. As I mentioned in this post about a month ago, I think PCNTF is worth between $10-$12 per share, so this new offer is getting very close to my estimated fair […]
>>Read MorePacific Internet Saga Continues
Friday, May 26th, 2006Today Pacific Internet’s (PCNTF) board and management finally released the recommendation of the Independent Directors of PCNTF and the opinion from KPMG Corporate Finance to the Independent Directors, as regards to MediaRing’s offer to purchase Pacific Internet’s shares at $8.25.
If you are a shareholder of Pacific Internet, I encourage you to read the full […]
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