RE: RE: RE: formula for buyout offer Don't forget that the market price will not reflect the expected buyout price at 1:1. Even if someone has leaked details of the initial bid, these are preliminary discussions and there is no guarantee that the deal will go through or that it will go through at the rumored price. The upshot is that the market price will have a margin of error built-in due to the uncertainty. No one is going to buy a stock at $2.80 if the deal is rumored to be $2.80. There's no reward at that point, only downside risk because the stock will drop if the deal doesn't go through. The fact that we're trading at $2.80 right now suggests that the market is expecting an offer north of $3.00.