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randygee

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randygee

Re: WinLoseOrDraw post# 79639

Monday, 09/15/2008 4:11:46 PM

Monday, September 15, 2008 4:11:46 PM

Post# of 147304
it's a stock buyout...so many shares of bac for one share of mer...

i think .83 or something...the buyout was never $29, it was $29 based on the closing price of BAC that day...

if and when the deal closes and bac is trading at $20, mer will be trading at $16.60 or so...
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  • 1M
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  • 6M
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