Trading at 20% discount to takeover offer

  1. 9 Posts.
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    The stock has been trading at 20% discount to its takeover offer. Takeover is slated to go through in May.

    The market seems to be pricing around a 40% probability of this going through - seems to be mispriced to me. Potentially a good opportunity to make a decent return over a couple of months.

    Any thoughts?
 
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