That makes much more sense. Private equity wouldn’t touch a company like BIO unless it was to part it out to the highest bidders… which is not a totally unreasonable notion since BIO has tried and failed to achieve US market relevance for decades never cracking 10% share. Not sure if Max should be admired for continuing to stand strong against the big three or pitied for the fools errand.
Not sure if Peter E would want anything to do with BIO again either. Word on the street is that he and Walters are sworn enemies now.
