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Tuesday, April 07, 2009 12:08:47 PM
That might explain why the stock price has been stuck in a narrow range recently. In a merger/acquisition deal, the investment banker would issue a fair-value assessment based upon, among other things, the average stock price of the most recent 30(?) days. In other words, some one might want to keep the stock price at this level in order to justify an offering price later. Just a thought...
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