RE:RE:RE:RE:RE:Someone trying Real Hard to keep this under $12???
The buyout value will depend if it's cash, cash + stock or all stock. If you look at Aurora, they use their stock as collateral to merge in all stock transactions.
The highs on this stock is $24 just seen in January, buyout candidates understand investor mind-sets are around this number, not the current depressed prices.
I assume Diageo will do like Constellation and take an initial percentage with option to increase. That locks them in and makes it difficult for others to come in.