GKIS Click here to go to the original topic          Value Investing Forum Forum Index -> Value Stock Picks j3heavy Sun Aug 20, 2006 11:21 am     GKIS  Hi blast, take a look at ppc (pilgrims pride ) offer to buy gkis (gold kist)for $20 share , whats your take? it would make ppc the largest chicken producer in the us. blast_investor Sun Aug 20, 2006 1:39 pm     Re: GKIS  I believe PPC offer is over priced. For sake of shareholder value, GKIS management should accept the deal. From the release, GKIS management does not like to be acquired. The style of open bid by PPC put the pressure on GKIS management to accept the deal. PPC management is behaving as if they are aggressive hedge fund. But PPC is not a hedge fund. The problem I see is that this may backfire because PPC own shareholders may sue and pressure PPC to drop this over priced hostile take over. This deal is good for GKIS shareholdres, but bad for PPC shareholders. j3heavy wrote: Hi blast, take a look at ppc (pilgrims pride ) offer to buy gkis (gold kist)for $20 share , whats your take? it would make ppc the largest chicken producer in the us.          Value Investing Forum Forum Index -> Value Stock Picks Page 1 of 1 Search Engine Indexer BlastInvest @2005 p h p B B © 2001, 2002 p h p B B Group