Big Deal, DUF average price is $10 and it is a solid company being around for 5 years and giving off dividends. For a merger and acquisitions 20% seems low. Now imagine what WMIH can do with all those NOL's and such a low ball price if there was a merger this thing could explode in a way you never seen before...
Duff & Phelps Corp. (NYSE: DUF) is up 19.7% at $15.62. The investment bank is being acquired by a consortium including The Carlyle Group LP(NASDAQ: CG) for about $661 million. More coverage here. ....."
Duff & Phelps Corp
http://sec.edgar-online.com/wmi-holdings-corp/8-k-current-report-filing/2012/03/26/section25.aspx (see page 21 : " Qualified Valuation Firm " means, the following firms: Perella Weinberg Partners LP, Evercore Partners, Houlihan Lokey, FBR & Co., Zolfo Cooper, LLC, Duff & Phelps Corp., Sandler O'Neill + Partners, L.P., Goldin Associates, L.L.C., AlixPartners, and Kinetic Partners, or any other firms mutually agreed to by Borrower and Required Lenders, in each case having expertise in the relevant insurance or financial sector related to the proposed Acquisition.")