RE:RE:RE:RE:RE:Doubt this sees under 40.00
Benny makes a good point... retail investors usually get screwed so it is a bit odd that they're letting the little guy rack up a position. I don't think anyone would sell under $50 so if the market really believed a takeover price is immmenient, I would've thought shares would be around $45 to $50 mark.
f_the_banker also raises a good point with blackstone being a reputable firm with deep pockets. I think someone else mentioned an equity stake and maybe why they're raising pref shares to announce further acqusition.
Agh, so much unknowns! I just hope it doesn't rush back to $30's in a day.