PES pepper residential securities trust no. 21

if they buy in the market at $8.25 they have to pay everyone...

  1. jake0002
    8,768 Posts.
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    08/03/09
    18:52
    Post #: 4879488
    if they buy in the market at $8.25 they have to pay everyone $8.25.
    thye only offered $8.25 as an incentive to get AOE to accept their offer.
    am not certain, but they have declared their offer Final - so i don't think they can now increase the offer - ie they cannot now change the conditionality (is that a word?).
    PES Price at posting: $8.18 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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