Suppose the deal is done at 10 cents per share and the company announces that it is debt free ( no need to pay $737 million any more). New shares go to banks. They are not going to sell them at 10 cents and no sensible person will sell below 10 cents. Price will go at least to 20 cents. If you are not joking, the outcome is very clear. People who buy shares at 10 cents will see a gain of 100% probably within next 2-3 weeks. I do not want to post these type of explicitly posts. I have put it since you have asked
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