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koebe23

05/01/09 2:36 PM

#128987 RE: james2477 #128980

you've got to name me one big board stock/acquiree that actually went higher than the acquisition price disclosed --


IMO, it just doesn't make rational sense, you have to have a premium to the current market price (before the disclosure) or investors aren't going to approve the deal, and after the disclosure of the buyout price, who would pay more for the stock than the acquisition price of the acquiree?