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pennypit

03/17/10 1:21 AM

#8890 RE: buccaneer1961 #8889

I agree with you. So why is this thing still trading? However many shares you own at the time of acceptance and varified in a pr stating acceptance of the offer, that is what you will paid out. If it closes that is how it will work. If you are the purchasing company and the company you made an offer on accepted your offer on 3/16/10 why in the world would you, the purchasing company, agree to pay for all o/s on 4/10/10. As you can see there was heavy buying volume today. That is just more money the purchaser would have to pay on 4/10/10. Again you could be talking millions of dollars difference in the purchase price.