Morrison Supermarkets šŸ„–šŸ›’ - MRW

Stock Discussions
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Fair points. Donā€™t think it moves much from here until news from CD&R or Apollo - which has seemed to appear on weekendsā€¦

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I for one hope the deal collapses. I donā€™t want to see my favourite supermarket ruined by predatory asset strippers!

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105

All shares would be sold at the deal price.
Iā€™m going to cash in Monday and move my money into Sainsburyā€™s

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106

I think il.hold bit longer and see what comes out of it. Itā€™s one of my few stocks that are actually green at the minute and itā€™s nice to see :slight_smile:

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107

I canā€™t understand why the share price would go above the offer price. So selling now would be loosing out. Obviously it your have better plans for the investment elsewhere and you dont want to wait I can understand.

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108

What ever the deal price ends up being thatā€™s the price share holders will get. I want to get our now, take my profits and move into what I think will be a bigger play, need to get my Sainsburyā€™s now though to get the best valueā€¦ just my opinion

109

Thanks for taking the time to post. Itā€™s Appreciated.

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114

22% of share holders against accepting 254p currently. I wonder if this is gamesmanship or they genuinely donā€™t want to sell.

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Share price is 268p. If I sell now seems like Iā€™d be better off than waitingā€¦ā€¦

116

Is it the end of Morrisons

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Currently now sitting at Ā£2.79 per share

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A sad day for the legacy of the founder of the company, for the staff, for the best vertically integrated supply chain of all the supermarkets and for shoppers like me who really like the stores and their own brand range.

Let the asset stripping and cost cutting begin!

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Iā€™m relatively new to investing, but can anyone tell me what happens to Morrisons shares when the private equity company takes over?

I agree itā€™s very sad whatā€™s happening, I worked for Morrisons as a Manager for 10 years, I left in 2018, very fare company, well paid jobs, full time shop floor staff salary 21k thatā€™s excluding 2 x bonus.