but if you look at the chart, the equity was taken out of the deal for retail at the open on the day it was pr'd. As a matter of fact you can see insiders or some really really intuitive investors were buying the day before the pr, just the way it works as we know or should know.
To buy now you'd want to have a longer term outlook and determine why is the buyer acquiring, what do they see and if you have confidence in the acquirer to grow the business? The other consideration I would have is what would the effect be if TFM decided to shop for a better deal and the liklihood they could get one, none of which I can answer for you.
Best of luck.
"The spread is trading at $0.19 gross or about 0.67%. If you annualize the spread out to a two or 2.5-month timeline, the spread is trading at 3.2%. This is a relatively narrow spread. The Fresh Market is allowed a 21-day “go-shop” period to solicit other bids."
.
Recent TFM News
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - TFM • PR Newswire (Canada) • 05/08/2024 12:12:00 PM
- Canadian Investment Regulatory Organization Trading Halt - TFM • PR Newswire (Canada) • 05/08/2024 12:10:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM