Global Diamond Exchange, Inc. (GBDX)

[Tacoz]

Bizzy, here is an example from where I must have been thinking about the 50% figure I said----

http://money.cnn.com/2007/04/15/news/international/bc.algomasteel.essar.reut/index.htm

CNNmoney.com a few days ago talks about a 50% premium over the stock price.


Canada's Algoma Steel sold for $1.6B
India's Essar Global agrees to acquire company in an all-cash deal.
April 15 2007: 3:42 PM EDT


India's Tata Steel outbids a rival for steelmaker Corus. CNN's Andrew Stevens reports (January 31)
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The deal value represents a 48 percent premium to Algoma's volume-weighted average stock price for the 20-day period ended Feb. 14, when Algoma confirmed it was in discussions, the companies said in a statement.

Algoma said it plans to hold a shareholder meeting