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Alias Born | 03/07/2006 |
Thursday, September 14, 2006 8:55:33 PM
About 5 months ago I owned a stock whose symbol I cant' remember, but they were merging with another public company. A date was set just prior to the merger, and the average PPS for a period of 20 days prior to that date was the value that would be used to determine how much of stock X we would get for stock Y.
I can't see any reason why BIGN's PPS would be tied to the LOI, but you never know. Could be why theres no news.
JMO - Do your own DD.
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