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Old 07-08-2005, 10:25 AM
drewjustdrew drewjustdrew is offline
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Join Date: Sep 2002
Location: Chicago
Posts: 230
Default Re: Doyle Brunson attempting to buy WPT

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So the article says that Doyle offered a "100% premium" over the $17.74 closing price. Wouldn't that put the offer at ~$36 a share? How come the stock only traded up to 22-24?

It doesn't seem like investors believe this deal is going to happen.

[/ QUOTE ]

I didn't read the link, but in response to your question, I doubt Doyle would buy 100% of the stock. Even if it happens, I would say investors don't value it the same as Doyle.
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