Common Stocks and Common Sense: The Strategies, Analyses, Decisions, and Emotions of a Particularly Successful Value Investor

by Edgar Wachenheim

On March 27, Goldman told a committee of the board that, if the company was auctioned, its shares might be worth $32 to $35 if the purchaser was not in the baking business and might be worth up to $40 if the purchaser was a baker that could achieve strategic or synergistic benefits and eliminate a competitor.

Wow the people in the same industry buy higher price