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AA's possible bidder has been granted an extension in which to table any offer, and due diligence is ongoing. In theory that could lead to a sudden price jump if a bid is announced at a premium in coming weeks. However, there may be no bid, and even if there is, there may be no or...
Two of three possible bidders for roadside assistance supplier and insurer AA have withdrawn interest. If the third bidder doesn't make a bid, the huge debt pile will continue to haunt the company. Shareholder returns could take years and there is a fair chance they will never mat...
U.K. roadside assistance group the AA (AATDF) provides an insightful lesson for investors who spot a bargain by looking at earnings and P/E ratio alone. Although that may sound like a basic mistake, it is one a lot of us have committed at least occasionally. AA provides a helpful reminder of ...