Doyle Brunson attempting to buy WPT

[JoshuaMayes]

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It means WPTE is confident that the stock price will be worth more than that. If they are competent businessmen, then it's a good sign for investors, and the price will eventually reach that level anyway.


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Incumbent management always spouts that nonsense in the face of a hostile takeover bid. After all, if the bid succeeds, they lose their jobs.

[sekrah]

They lose there jobs, but I'm sure they have quite a fistful of stock options, severance packages.