deepakraam
Deepak Narayanan
Hi,
Finally,TechM saved the sinking ship.After the open offer,TechM was highest bidder and became the winner.But the interesting fact is that TechM quoted Rs.58/share for Satyam.Do you think it was a high value when Satyam books are still under clearance?Moreover even in the open market it was quoting only Rs.47+ .Even the bidders quoted only half of what TechM offered.There are still some legal cases pending in US against the company.So do you think that Satyam was overvalued?
-Deepak.
Finally,TechM saved the sinking ship.After the open offer,TechM was highest bidder and became the winner.But the interesting fact is that TechM quoted Rs.58/share for Satyam.Do you think it was a high value when Satyam books are still under clearance?Moreover even in the open market it was quoting only Rs.47+ .Even the bidders quoted only half of what TechM offered.There are still some legal cases pending in US against the company.So do you think that Satyam was overvalued?
-Deepak.