Ann: Skilled Group to be acquired by Programmed, page-21

Hi madamswer,

I must say that's an impressive analysis. I also notice during my research that P/B value for both companies is around 0.77-0.80. Which means P/B value of PRG after merger might become around 0.50 - 0.60, so eventually market will realize the discrepancy and catch up to the book value too. so $4.00+ is also possible. Any thoughts ?

I might be completely off the track.