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realfast95

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realfast95

Re: Nickeb505 post# 3715

Monday, 03/04/2013 9:18:22 AM

Monday, March 04, 2013 9:18:22 AM

Post# of 3734
it's non-binding which means it will take a long time to be completed. 15% to 20% discount to the offer is the typical arbitrage.
In other words $1.04 to $1.10 is the target today. Each step raises the target. Committee, financing, definitive agreement, share holder approval.
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