"if you just hold onto the PRU shares your going to cop the same dilution anyway."
I realise that, but what I'm saying is that in figuring the amount of arbitrage benefit, 8% is overstating it because some of the benefit is eroded by the 4% dilution in the PRU shares that you end up with after the takeover.
"if you just hold onto the PRU shares your going to cop the same...
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