RE:RE:Arb GapMaybe, but a couple of thoughts came to mind when they announced the new deal. The financing OH is to obtain was sold as means to prop up CL but the first thought that came to mind is that the finance amount could also possibly cover the penalty to cancel should the vote not go through. I would think OH has to have a viable option. My second thought was if OH truely has the best distribution in California then there would be more than CL cueing up to reign in this deal! I for one am not happy at the arrangements offered as in my opinion they are short sighted and opportunistic on the part of CL. Maybe there will be talks from other suitors in the meantime that may even offer to cover the penalty and a better price. I think CL has taken a big risk...maybe they are in a financial crunch and can't afford what OH is really worth. Very precarious times ahead now for both companies!