Re: Buy on Rumor - PKZ - Update
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4.18B offer. Its market cap is currently 3.6B. Does that mean 4.18/3.6B = 1.6 = The stock should jump 16%??
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Yes. But since the deal won't close for awhile and other factors it probably will be something short of the full offer.
BTW, I get 4.18/3.36 x 45.40 = 56.45 for projected by out price.
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