Saturday, September 01, 2018 9:56:40 AM
The constellation deal changed the book value of each share, adding approx $13 cash to every after deal share. The underlying EQUITY was increased per share. (Goes to $20 per share if first tranche of warrants are exercised) This was not a market event but a business deal.
The market reacts, 'underlying market value'???...
The market reacts, 'underlying market value'???...
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