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Reply #3: Not distributions, but profit inbetween now and then. [View All]

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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-15-06 05:27 AM
Response to Reply #2
3. Not distributions, but profit inbetween now and then.
It's now worth $41.

They make money between now and the time of merger.

We're talking profits above salaries, etc.

They could take the added cash put it in the bank, pay down debt, etc. The point is that it would add to the value of the stock in the next 16 months (if memory serves). That increase divided by the number of outstanding shares I'm thinking is the dollar.

I would expect the price to be exactly $42 come the time of final merger.
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