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Re: scottsmith post# 989

Thursday, 09/01/2016 2:22:34 PM

Thursday, September 01, 2016 2:22:34 PM

Post# of 1014
Scotty, It's the arbitrage discount. Even with a definitive agreement signed, it is always possible a deal can fall thru or that yet another party (perhaps another suitor which was rejected) can sue to block the deal. Whoever is the holder still has a risk. The greater the risk that the deal may not go thru, the greater the discount.

All I say is IMHO and not to be construed as investment advice. I know nothing, as informed frequently by my wife.