re: Ann: Saputo Announces Improved and Simpli...
BGA is a risky option for shareholders, if you think about it. Yes, it's important to keep companies domestically owned, however...
If you have been involved with any other acquisitions involving the option of receiving shares.... in the Parent company then you would know a lot of heart ache.
Typically in every scenario, the stock value in the parenting acquisition company plummets upon finalizing the deal. Therefore the shareholders would not see the full realized value of the takeover, instead.. only what the parent company is worth when everything is said and done. The value of the shares given will be worth much less by the time they are in the shareholders hands.
BGA will plummet, there is no if ands or buts about it. If you think otherwise, then... that's entirely up to you and your investment knowledge. But, speaking from experience ... this has been the unfortunate truth. Research for yourself, and do your homework to verify these facts
What it comes down to is asking what's more important.. Knowing for certain what $amount you'll be getting, or keeping the company domestically owned. This is the question.
-Vrae
WCB Price at posting:
$9.23 Sentiment: Hold Disclosure: Not Held