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According to the press release, Palm shareholders get $5.70/share. The stock is above $5.90/share in after-hours trading. Is there some reason for this? Is this
by dwwoelfel 17y ago
According to the press release, Palm shareholders get $5.70/share. The stock is above $5.90/share in after-hours trading. Is there some reason for this? Is this an arbitrage opportunity (assuming you could get shares to borrow)?
- jakarta 17y agoGot to keep in mind that a lot of short sellers will be covering, which could account for some of the premium.