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Old Oct 3, 2001 | 3:59 pm
  #30  
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Hmmm. AC shares closed at $2.48 today. That's down where CP shares were when Onex launched its take-over bid. AC ultimately paid $2 for each CP share. According to AC's last annual report, there were 150,700,000 shares outstanding at the end of 2000. This means AC is valued by the stock market at slightly more than $375 million!

Meanwhile, Onex closed at $20.10. As some commentators have noted, Gerry Schwartz is a very lucky man having lost his ownership battle for AC.
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