It's what is in the filings. The company said exactly as it is $0.39 is the value per PPS in case of any purchase. Read the filing and stop hyping. Do you want me to paste it here?
Read the PR dated March 20TH. the Official notification of matters relating to a merger or acquisition - Form DEFM14A. Read page 63 carefully. It is in black and white so you won't need any interpretation.
Total Distributable Proceeds To Common Stockholders Per Common Share = $0.39 If rev is $1.2Bil(min) or $1.59 if rev is $2Bil. Actual annual rev for the year ended were $852mil (meaning that the PPS could even be valued lower than the estimated the $0.39 IMO.
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