RE:RE:Will this deal go through?I still think there's a non trivial chance trx gets an offer before the vote. Any suitor coveting the company knows the share price is going nowhere so why not wait until the last minute, given market conditions and the plunge of the Canadian dollar. $2 a share right now would put the value around 160M CAD which is ballpark for the original Pozen offer of 149M US, or whatever it was. Given the number of depressed assets out there right now, I'd take the 2 bucks and find other opportunities. Content to wait though. If the merger goes through, I'd expect to see a bit of a bump as one level of uncertainty is removed.
ive noticed the arbitrage has flipped the other way.