Value Microcaps Motherboard

[MSGI]

work_hard, If the deal was a cash deal, GEXA would be trading within a few cents of the buyout price. The deal is a buyout to be paid in stock.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh94160_2005-03-28_20-38-40_n28...

With this kind of deal, the stock of the company being bought usually always sells for a discount to the buyout price since by the time the deal is completed, the stock of the buying company could be worth less than what it is today. And in this case, in the rising interest rate environment that we are in, bonds and utilities usually drop. So there is a very good possibility that FPL will be lower by the time this deal is completed.