Chairman of SDL was on record Nov or Dec 2006 as suggesting these two companies should merge.
No decision on merger needed for 4 or 5 months - until then each stock will trade on respective merits. If at EGM it seems like a good deal, then it will happen.
Who knows, another offer for either company could emerge. If SDL results for Cameroon drilling are that good, then 2:1 may be adjusted - all will be revealed in due course.
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- has to be asked