Over the last few weeks, I have written about what a wonderful job Tom Stallings and his management team have done at Easylink. Minutes ago, Opentext $OTEX agreed to acquire Easylink for $7.25 in cash. Opentext missed earnings expectations but did underpay for Easylink. I feel the company is worth more, but Tom Stallings isn't getting any younger and stockholders have been frustrated with the lack of stock performance even though the company has done a very good job.
Congratulations Tom and thank you for making me 25% return in a very short period.
jWells
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