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News Breaks | | | | November 14, 2012 | | 09:55 EDT |  | PRXI | Greggory Schneider reports 6% stake in Premier Exhibitions
Schneider said he believes Premier Exhibitions' common stock is "dramatically undervalued at current levels." He stated, "With a $189mm 'tax efficient' sale of the Titanic assets underway, which will likely net the company $3.30-3.50/share, and a profitable operating business that has experienced a successful turnaround, the sum of parts value can easily exceed $4.50/share." | |
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