Future Value of PBG
----------Original Message Posted 11/4/2010 11:34:34 AM----------
As noted in the press release PBG shareholders are to receive .62 of a share of NEW PMG for each PBG share held. Also it states that PBG shareholders will receive a new PBG share to replace the old one ... soooo.. the key will be what value the new PBG shares will have when allocated - if its less the value of the PMG shares received it might be a zero sum game?? Other than of course the price appreciation the stock seems to be acheiving since the announcement.
I sure hope the new PBG shares stay where they are for value, cause that would be a great windfall if PBG shareholders received the NEW PMG shares at a premium to the trading value of PBG shares!!
Here's hoping!!!
Moe $$