TSXV:SSS.P - Post by User
Comment by
junglejameson Nov 07, 2022 10:02am
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Post# 35078666
RE:RE:RE:RE:Summit to be acquired by Dream Industrial & GIC
RE:RE:RE:RE:Summit to be acquired by Dream Industrial & GICA lot can happen between now an sometime in the first quarter of 2023. There are two components - the risk of the deal not happening or the offer price being reduced (say because of world wide recession) and the time value of money.
The market price should move towards the offer price as the weeks go by, but will likely never reach the offer price becasue of transaction costs and because an another offer seems unlikely given the premium.