mfs savaged on cnp news, page-11

I dont understand the sell off on mfs re cnp , they are not buying cnp according to this announcement , just becoming the re for some of their funds

I think the sell off may be to do with their statement regarding their debt , and an overeaction because there appears to be some association with CNP.

If the trading halt on cnp is anything to do with the appointment of an re for their funds I would be highly surprised .

In regards to CNP I was expecting a good day , as it was good to see Bank of america on the acquisition trail , and another US mortage provider acquired overnight , in conjunction with the fed assurng they would be aggressive in their actions to keep the economy alive.