COS/SU Deal What's your prediction?1) The SU bid is accpeted this Friday by over 2/3rds of COS shareholders.
2) The SU bid Friday deadline is extended and or the the offer is increased.
3) The SU bid is rejected
I'm leaning towards #3. Might be buying some $7 put options soon. It's a gamble at this point. With the arbitrage spread @ 14% the market is lening towards no deal for this Friday.