HZN ROC

Ann: Notice to Convertible Bondholders, page-2

  1. Gongboy
    852 Posts.
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    02/07/14
    10:26
    Post #: 13598940
    Not sure if I have this right, but Horizon is paying above market to redeem their bonds. This will surely reduce the metrics of the ROC 'merger' further. I wonder whether this was taken into account, because it seems that HZN is bringing less to the transaction now.
    HZN Price at posting: 35.0¢ Sentiment: Hold Disclosure: Not Held
    ROC Price at posting: 59.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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