It is flatly bogus. Similar postings from the past were found on the same site claiming buyouts of other companies but none of them have ever come to fruition.

$2.75-$3.15 seemed too high anyway.

Besides, hasn’t every other anonymous commenter coming over from Raging Bull claimed with certainty that we’re merging with/getting taken over by someone else?

Please note: I am the Technical Community Development Coordinator. I have access to all kinds of information about the technical aspects of the Tucows platform and technical aspects of the internet and software industry at large. Although I made sure I took as many business courses at Crazy Go Nuts University’s excellent School of Business, I am not an expert on the market, nor am I privy to a lot of the decisions that take place at the director level of the company. Even if I were, I have signed non-disclosure agreements that would prevent me from talking about such things.

The bottom line: the most useful information you can glean from me is going to be related to technical and practical aspects of the Tucows platform. Use it — in conjunction with a lot of other information to make your investment decisions. Investing solely on what is in this blog is — shall we say — strongly inadvisable.

It would actually be http://www.sonae.pt/, correct? Because sonae.com does not exist.

I think it is bogus. That iwas posted at a forum. If a stock holder did that, they’ll get nailed by the SEC.

So are you saying the announcement did in fact OFFICIALLY take place?

Lisbon - A source from Sonae.com said today that Sonae.com will launch a takeover to TUCOWS INC .

Sonae.com, will notifie next friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of TUCOWS INC shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.

Sonae.com will launch a takeover bid for TUCOWS INC with the payment of $2.75 US for each of the that responded to the tender offer, this initial offer could reach the limit of price of $3.15 USD for each share of the company.

I’ll send you a present when I sell my shares. The package will be from Bangkok just to tip you off.

Also, I posted my other comment on the wrong article. I didn’t realize you had this up.

When we get the yahoo TCX message board running, I’ll bring many more to you here.

Cheers.

my other post:

Why not write an article on Mark Cuban buying millions of shares of Tucows over the past few months? He owns nearly 10% of Tucows now. Are we talking about the Dallas Mavericks and Tucows merging? lol

But RCOM is also a very big holding for Cuban.

Merger?

I see it now. Joey deVilla, Technical Community Development Coordinator for Register.com

or maybe

Joey deVilla, Technical Community Development Coordinator for the Dallas Mavericks