Agree could be conflict there too. Visa inc. also still has joint venture with Moni, Movidia I believe. Probably more to come on that too. Cooperman buy move could have been to block something from the visa Inc or others.
I Do in't think so. that move was just clearing the boards after the review because of a possible conflict with Visa Europe connection to Visa Inc. Visa Inc. Had an ADR ready to go in the us if they could get it at a cheap price. JMO Visa Inc also has option to buy Visa Europe. Conflicts all around.
I meant Visa Europe. If the dude resigned after MONI decided not to sell, then that tells me, they are open to higher bid. And that Visa had a bid on the table.
Is Visa Europe about to make a bid?
It certainly sounds like Houghton resigned bc Visa Europe made a bid during the review and him being there created conflicts. If Visa Europe's bid was denied, they would likely remove him from the board and make a follow-up bid to shareholders.
And it turns again and up she goes. Someone messing about with about 400k and swapping from the bid to ask and back and forth.
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