RE:RE:RE:RE:RE:RE:RE:Silver back up to almost $24No, it is not possible. Discovery will be bought out like the majority of other mergers are accomplished: via a stock swap.
Only morons running companies use cash to buy ut their targets. Companies can print shares for free the same way Central Banks print money out of thin air. Why use real cash to buy a target?! Cash has only TWO purposes: grow your assets in order to increase dividends or issuing dividends.
Companies exists SOLELY to issue dividends to their owners (aka shareholders). Any use of cash to acquire a target is mismanagement. Cash needs to be conserved to pay debt, cover operating expenses and issue dividends.
If a company acquires a target, all the more reason NOT to use cash, since there will be more shares outstanding that will place greater pressure on the ability to meet quarterly dividend payments.