Replies to post #1505 on Scottish Re Group Ltd (fka SKRRF)

[Enterprising Investor]

Exactly.

The company was public about its intentions to buy liabilities and SKRUF at discounts in any type of transaction.

SKRRF is paying a $.50 fee for each share purchased, so the real cost is at least $5.50.

Mr. Market will react on Monday, and the Arbs take it from here.

In any case, I am not tendering at this price.