Amarantus Bioscience Holdings Inc (AMBS)

[newflow]

THI @ $40.64
"The Note matures on February 28, 2017 and bears interest at 8% per annum payable at maturity in cash. The Note is convertible at any time at the option of the Company into shares of common stock of THI at a conversion price of $40.64 per share. The Note shall automatically convert into shares of common stock of THI upon a change of control of THI. It is expected that the Note will be assumed by Avant upon consummation of the transaction with THI"
What exactly is going on?.So AVDX will be 40.46 after acquiring THI?