How likely is Pure to trade below $8 if the offer closes Monday
IMHO, about 100% likely - the only thinig supporting the price is the chance of BG getting over 90% and thus paying $8.25
Once this goes, I reckon about $3.
If it was me, I would accept the offer. There again I bailed at $6.70, so what would I know (DOH)
PES
pepper residential securities trust no. 21
takeover, page-10
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