CKXE, the owner of American Idol, has agreed to be bought out by 19x at a share price of 12.00.
that is an 80% premium as of now.
Then why is the stock only at 6.60? i asked myself the same question. it seems as though the terms of the deal, which require 70%+ of shareholders to agree makes the deal not a guaruntee and until there is an indication that the deal is guarunteed then the price will not correct. but i believe that the management, which holds a significant amount of shares, combined with the fact that the deal does present an 80% premium for shareholders, is a go...
CKXE, the owner of American Idol, has agreed to be bought out by 19x at a share price of 12.00.
that is an 80% premium as of now.
Then why is the stock only at 6.60? i asked myself the same question. it seems as though the terms of the deal, which require 70%+ of shareholders to agree makes the deal not a guaruntee and until there is an indication that the deal is guarunteed then the price will not correct. but i believe that the management, which holds a significant amount of shares, combined with the fact that the deal does present an 80% premium for shareholders, is a go...
CKXE, the owner of American Idol, has agreed to be bought out by 19x at a share price of 12.00.
that is an 80% premium as of now.
Then why is the stock only at 6.60? i asked myself the same question. it seems as though the terms of the deal, which require 70%+ of shareholders to agree makes the deal not a guaruntee and until there is an indication that the deal is guarunteed then the price will not correct. but i believe that the management, which holds a significant amount of shares, combined with the fact that the deal does present an 80% premium for shareholders, is a go...
CKXE, the owner of American Idol, has agreed to be bought out by 19x at a share price of 12.00.
that is an 80% premium as of now.
Then why is the stock only at 6.60? i asked myself the same question. it seems as though the terms of the deal, which require 70%+ of shareholders to agree makes the deal not a guaruntee and until there is an indication that the deal is guarunteed then the price will not correct. but i believe that the management, which holds a significant amount of shares, combined with the fact that the deal does present an 80% premium for shareholders, is a go...
CKXE, the owner of American Idol, has agreed to be bought out by 19x at a share price of 12.00.
that is an 80% premium as of now.
Then why is the stock only at 6.60? i asked myself the same question. it seems as though the terms of the deal, which require 70%+ of shareholders to agree makes the deal not a guaruntee and until there is an indication that the deal is guarunteed then the price will not correct. but i believe that the management, which holds a significant amount of shares, combined with the fact that the deal does present an 80% premium for shareholders, is a go...
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CKXE
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