Based on the Coeur closing price of $4.08, the BSG "merger" price is $3.235.
BSG's last trade was at $2.99.
If the sellers refused to offer their shares at such a ridiculous discount the buyers would be forced to come to them.
Silly sellers.
I wonder if there are some sellers who are also net buyers, repurchasing most of their sold shares and purchasing shares sold by others?