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March 29th, 2018 at 10:31 am
BB/State – They have a lot of good IP still, especially security stuff.
Bet is on Albo.
CBI/Batman – It seems to me you'll get 2.47221 shares of MDR $5.86 for each share of CBI $13.84 but it's hard to figure out if you end up diluting a bit on the merger. For me, I just like the combined entity but it will take quite a while for it to shake out – probably the rest of this year before people get comfortable with the combined entity.
Mondays/Japar – We're working on it. While I'm down in Florida I'll be meeting with Funn people and the Hedge Fund is up about 3% already (and 90% cash), despite the rocky quarter – so well on track for a nice year once we get a chance to put more money to work.