AI
Monday, January 26, 2009 10:50:17 AM
You seem to be assuming that PFE’s stock will continue to fall between now and the deal closing...
Agreed, it's just an assumption based on nothing more than the general observation that the acquirer's PPS usually declines.
On Friday I was listening to an analyst on CNBC describe the deal as (and I'm paraphrasing from memory here) "two train wrecks merging into one train wreck."
Agreed, it's just an assumption based on nothing more than the general observation that the acquirer's PPS usually declines.
On Friday I was listening to an analyst on CNBC describe the deal as (and I'm paraphrasing from memory here) "two train wrecks merging into one train wreck."
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