sorry pinkie but what you said is wrong... companies frequently offer a buy-out premium (or discount) based on current pps... it happens all the time actually... while a company in general *should* be bought out based on its value and assets, it is not always the case... as a matter of fact, just yesterday i posted about a couple of companies that were bought out for prices well below their *true* value... oil companies... russian oil companies at that... =)