jamie
NXS were greedy
Fortris will force MAE to accept the best offer .... whatever it is, so they can clear their debt....
Its not too different from a mortgagee sale.
RIGHT as of today. the market is saying that an offer will be $123m for shareholders and $50m for the bank.
When the market is well informed its usually prices a stock correctly.
look at the price in the next few weeks. If it starts heading sub 30c... yuo know a deal isnt going to happen.
Be careful is all i say.
DONT GET TOO EMOTIONALLY INVOLVED.
patterson summary, page-59
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