Naser Iqbal, Technology Research Analyst, quoted in “MDA offering raises $287 million to pay down debt, use for possible acquisition”, Vancouver Sun
“Logic would suggest that as the Europe situation remains depressed, this would be the best time to take up a European acquisition, before things improve and prices go up. Could something happen sometime this year? Possibly.”
“With the equity raised (in the share offering) they have the capability, depending on what they’re requiring, to do something north of $500 million.”
March 27, 2013 — Vancouver Sun
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