lg convertible bonds, page-2

Good find. It also means that LG can use some of those funds to close out the difference of what they need to get to 90%. Looks like Weiss dumped the rest of their shares giving LG over 76%. I'm sure they have some more acceptances coming in this week so if they hit 80% with acceptances there isn't much of a gap they can fill with the cash.

Looking at the current SP of 1.6 I would be tempted to BUY considering the fact that at LG's current SP that would net me about 2.2ish cents per share after the takeover. If anyone wants to make a quick 30ish% I would say it's fine to buy.