RE: PDX ??? HARTAX ???PDX trades under the symbol PLG
Newco will trade as PX
So currently PDX is valued as 19 million shares of DGC at 11.50/share = 218.50million / 73.8 shares outstanding = $2.97/share for PLG
PX will trade somewhere between .17-.50/share starting MOnday.
So the market is currently saying that the discount is still there even though they received the advanced tax ruling stating that there is no tax liability.