SPDR Portfolio Short Term Treasury ETF T.SST.U

Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.

ARCA:SPTS - Post by User

SPDR Portfolio Short Term Treasury ETF

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Post by Lousytimingon Mar 14, 2009 3:40pm

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Post# 15844962

SST theft

If management decides they want to sell, they're gonna sell. But why couldn't they drive a harder bargain? Who was in the better bargaining position here?

Would SLW have walked away if they had asked for a 25 or 30% premium or some hard cash to sweeten the deal?

This is rediculous!

I don't usually go in for conspiracy theories but I sincerely hope management is not using this deal to feather their own nests at the expense of shareholders. This is just such a rip off.

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