Stone19 Posted April 30, 2012 Share Posted April 30, 2012 http://www.reuters.com/article/2012/04/30/us-fibrek-mercer-idUSBRE83T0MA20120430?feedType=RSS&feedName=innovationNews&rpc=43 Link to comment Share on other sites More sharing options...
racemize Posted April 30, 2012 Share Posted April 30, 2012 is it not a free 8% arbitrage at this point then? Link to comment Share on other sites More sharing options...
rijk Posted April 30, 2012 Share Posted April 30, 2012 offer is cash & shares, shares only, or cash only, the last two prorated... abh shares have declined, so mixed and share only offer is worth less i imagine that the lock up holders would elect for 100% shares, which would almost leave sufficient cash for the remaining shareholders to elect cash only???? regards rijk Link to comment Share on other sites More sharing options...
Parsad Posted April 30, 2012 Share Posted April 30, 2012 is it not a free 8% arbitrage at this point then? Unless Abitibi gets a takeover bid! ;D Cheers! Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now