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And that's because a lot of such mergers/buyouts fail. That's why the price is never on parity. Putting everything on hold until the merger closes is a severe

And that's because a lot of such mergers/buyouts fail. That's why the price is never on parity. Putting everything on hold until the merger closes is a severe dereliction of duty.

BbzzbB 4y ago
Indeed, there's no such thing as free money. You get payed (or burned) when trading on these mergers for bearing the risk of the deal failing or renegotiating.