re: southcorp offers merger continued reading - its a great deal fro SRP shareholders - eps acreative in y1 by 20% and 30% in yr 2 (2007)
Stuff all for fosters shareholders >5% in yr 1 and 5% in yr 2. FGL can afford to wait it out - the best result from a FGL holders perspective is to gain control of SRP and get the razor gang to gut it.
- the $150 million in synergies is the key - not 60% of Southcorp/FGL
singas