Aquamit B.V has made a take-over bid for Quadrant. Aquavit was incorporated in the Netherlands by the Japanese company Mitsubishi and four members of the board of Qadrant specifically for this take-over.
The offer is CHF 87 per share, far below my cost of CHF 211.50 on 4 September 2007.
Yesterday, the price shot up from the previous close of CHF 70 to a high of CHF 90 and today so far the stock has been trading between CHF 89 and 90.
