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Originally Posted by jimdog31
I read this announcement as good for long term for Ike with regards to future collaboration and partnership. Surely IKE would be a candidate for someone like AT & T to acquire? Your thoughts percy?
IKE had to bulk up their balance sheet.The issue was well supported.I think their big US companies had concerns about dealing with a small company,perhaps being seen as under financed..I am just guessing this.
The huge US companies are making a big commitment to IKE, by aligning their systems to IKE's.So if IKE went bust it would cost the major telegraph and electric companies a great deal to replace IKE's systems.
This could mean IKE is attractive to AT&T and others in the sector. They could also be of great interest to a private equity fund, owning a company with such a strong major blue chip client base.
Last edited by percy; 25-03-2021 at 05:55 PM.
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