With all of the aquisitions in our industry in the last 18 months, who do you think is going to get bought out in 08? Remember when Ricoh started this whole thing?
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Could the writing be on the wall???
Always give a second look at a company when they start to buy back their own stock!
IKON Office Solutions (NYSE: IKN) 23% HIGHER; announced that its Board of Directors has approved the repurchase of $500 million of its common stock. IKON intends to repurchase up to $295 million of its common stock through a modified "Dutch Auction" self-tender offer at a price of not less than $13 per share or more than $15 per share.
Always give a second look at a company when they start to buy back their own stock!
IKON Office Solutions (NYSE: IKN) 23% HIGHER; announced that its Board of Directors has approved the repurchase of $500 million of its common stock. IKON intends to repurchase up to $295 million of its common stock through a modified "Dutch Auction" self-tender offer at a price of not less than $13 per share or more than $15 per share.
Ricoh Buying IKON? c'mon folks.... Ricoh is tooo screwed up to pull that one off.
Looks like I forgot to include KonicaMinolta, just goes to show you that you can't figure out this business!