RE:DealI believe 3.4 X ACB Shares (valued at what ever the interday trade price is) at time of settlement..... or the share/cash option still at the trade price... No other fixed or assumed values involved that I am aware of...
Toyota wrote: Trying to understand this deal.The deal is 3.4 shares of ACB for 1 CMED.The 12.65 that people mention was the price of stock on the day of the signing.If the price of ACB goes to $10,don't they still get 3.4 times or $34 plus a few dollars.People keep talking about $48.Anybody have any good answers to what they are actually getting and the date of the closing.Is there a date?If there is no set date, my way of thinking does not make sense.Looking for a simple answer.