RE:RE:PM to be purchased for $12.50 per share
probably reason why termination fee is so high is to discourage another bid.
I dont mind the take out. lots of growth in PM but they have also misssed 6 out of the last 8 quarters, so perhaps that growth was further out than we expected.
I'll take it. Now the question is, to I sell today, leave 10 cents on the table and possibly the August record day div, hope for a dip and a subsequent arbitrage play? Or do I just ride it out till August? Either way, good news. Congratulations everyone.