Parsad Posted April 30, 2010 Share Posted April 30, 2010 BH is trying to buy roughly 1.5M shares of AAP in exchange for SNS shares. Cheers! http://finance.yahoo.com/news/Biglari-Holdings-Inc-prnews-3985358287.html?x=0&.v=1 Link to comment Share on other sites More sharing options...
Packer16 Posted May 2, 2010 Share Posted May 2, 2010 Can someone explain to me the rationale? Does this mean that Sadar thinks BH valuation is richer than AAP? I can understand a cash offer (where the yields are low) but I have hard time understanding a stock offer. Packer Link to comment Share on other sites More sharing options...
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