Ann: A1N:Update on Non-Binding Indicative Proposal to Acquire SCA, page-13

I suspect these two companies are being 'played' by the big fund managers on both sides.

My prediction..

Deal goes through.
MC/SP in 'Newco' temporarily goes higher (maybe)..
Big Funds and those in the know, dump stocks.
Major job cuts announced from both sides.
MC/SP begins to fall as retail & sopho interest/demand falls.
Large Non-Cash Impairment charge announced by Newco execs.
MC/SP plummets further.
Dividends shrink or are 'temporarily' halted to pay down debt.
MC/SP continues downwards trajectory.
After 12 months, MC heads to sub $300m.

End result - Big Funds get out while the going is good and everyone else gets a damn good Rodgering!

Please, if anyone has a counter view, I'd love to hear it..