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Bullboard - Stock Discussion Forum Haverty Furniture Companies Inc HVT

Alternate Symbol(s):  HVT.A

Consumer Cyclical
Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company’s product categories include furniture, decor and accessories, and mattresses and bedding. Its furniture category includes living room, bedroom, dining room, office and outdoor. Its living room product line includes sofas and sleepers, and chairs and recliners, among others. Its... see more

NYSE:HVT - Post Discussion

Haverty Furniture Companies Inc > .63 will be done soon
View:
Post by Marketuptick on Jun 18, 2019 5:02pm

.63 will be done soon

Deal is $19 M for 50M DVA shares. The market cap for DVA  has maxed out between $18-$19M per the deal which equates to  29,750,000 HVT shares worth .63. (HVT acquires 50,000,000 DVA shares for .595 HVT shares). Long story short there is a big chunk of HVT shares (just under 30M) that is .63 per the acquisition terms. When deal is finalized this downdraft should be done.
Comment by Marketuptick on Jun 18, 2019 5:05pm
Sorry wrong board
Haverty Furniture Companies Inc