re: Ann: PES: Pure Recommends BG Group Takeov...
Jimako, what do you think of the scenario of Shell simply standing in the market and offering $XX.00 for 14.99% of Arrow?
Depending on the price it offered, it probably would not get to the 14.99% limit anyway. At the same time it could be applying for FIRB approval to go beyond the 15% limit. it's offer would put a floor on the Arrow price-hence offer.
AOE Price at posting:
$2.66 Sentiment: None Disclosure: Held