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Re: None

Thursday, 07/20/2006 8:00:27 PM

Thursday, July 20, 2006 8:00:27 PM

Post# of 169276
I read parts of the 8k just now....

http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergersigned.htm

It looks like holders of CVSU will get $15, or $15 minus the difference of their stock, or just the average market value of the stock (which is according to Rufus, $34)... actually the SEC filing only comments if the holding company is less than $15, not greater than...
I don't understand enough of the jargon however to conclude that shareholders of FHAL will also get $15..

And yes, it does looke like that if you do add the assets of FHAL and CVSU together and divide the suppossed # of shares (which is listed in the 8k), it does come out to $15. But that doesn't necessarily mean that the price the stock will be at $15 (even if they do set it at opening of the new company)... That would be determined by buyers and sellers, right?


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