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anonymous
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anonymous
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Why would they? Where is the fit? They are an advanced technology company. Where is the advanced technology here? They could get it cheap, because Conmed is one of worst performing stocks in all Medical Device. The average Medical Device company has a Price or Market Cap to sales ratio of 3.6. Conmed has a P/S ratio of 1.6. That's Horrible. Being Horrible must be a good upper management anti takeover defense. No one can see any value in the company. Why would MDT want to buy one of the worst Medical Device companies available. Don't see it.It’s a fact.