Actually the price gets cheaper by the day.
When the deal was first announced the implied offer was $1.49 (0.44 share) +$0.10 cash = $1.59 or $256.5mil implied offer.
Assigning current SP of $1.55 = $0.68 + $0.10 = $0.78 or $126mil implied offer.
Now I am starting to think the some of this slide may be related to getting the book value of this deal as low as possible.
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
