Unless its already done the job. If sxy havent been buying above 28, Then who has? Someone under instructions to dls? So offer is upped, Republic gets a 3cent premium on existing sold parcel, dls adds remaining Republic to get to 38.8, and whomever was buying on dls adds their Holding to top 40%, not necessarily in that order.
I think acn has been on the phones playing lets make a deal and since Cash is usually king, it better be pretty good otherwise i doubt republic Will be interested. Either way, dls has a blocking stake too.
ACN Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held