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Tuesday, May 14, 2013 9:25:16 AM
The moment the MJNA buyout is announced, the stock price jumps and stays close to the buyout offer. Buyouts are usually announced outside regular trading hours so as not to disrupt regular trading. A company that closed at .17 the day before a buyout announcement of $5 per share would open at around $5 the day after the buyout announcement.
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