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Bullboard - Stock Discussion Forum Commercial Solutions Inc CSOSF

GREY:CSOSF - Post Discussion

Commercial Solutions Inc > There will be nothing left.
View:
Post by ReallyWhatThe on Dec 03, 2013 11:21pm

There will be nothing left.

Motion Industries has branch locations everywhere CSI has. Csi will be absorbed and vanish.
Comment by Tooly236 on Dec 03, 2013 11:45pm
I am just a Young kid that likes to learn. So could you explain this to me. If Motion Industries has agreed to buy all the common shares at 1.07, then why is it trading at 1.04 right now. There was some ovbious inside info leaked that brought it up 60
Comment by DTM5 on Dec 11, 2013 4:01pm
It is trading at 1.04 for a couple reasons -  No one would buy it (and pay commission) for 1.07 when they will get back 1.07 The deal is not closed and there is a chance it may not close (although with the very small spread between deal price and market price, the market thinks this is a done deal) Many types of investors are happy to capture the spread (in this case 3 cents per ...more  
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