Question
MNO makes a tender offer for PRS at 1.5 MNO shares per PRS share. MNO was trading at $40 per share prior to the announcement
MNO makes a tender offer for PRS at 1.5 MNO shares per PRS share. MNO was trading at $40 per share prior to the announcement and fell to $38 on the announcement. PRS was trading at $40 per share prior to the announcement and is now trading at $50. If you are pursuing a merger arbitrage strategy, what is the position you would set up to create potential investment value?
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Potential Investments means a potential investment which We are considering making to a Borrower the ...
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Andersons Business Law and the Legal Environment
Authors: David p. twomey, Marianne moody Jennings
21st Edition
1111400547, 324786662, 978-1111400545, 978-0324786668
