With 21 days until the ostensible closing date of December 11th, and the shares of BCE commanding a whopping $34.33 at today’s closing, this implies a whole lot of risk about this transaction ever closing as advertised at $42.75.
The current price implies a compound annualized rate of return of 4,526%
What do you suppose the market is telling us? That pigs fly?
Friday, November 21, 2008
Posted by Fillibluster at 4:21 PM