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stock trading
Satyam asked:


I am a stockholder for a company called eFunds (EFD), it recently got acquired by Fidelity for a individual cash purchase with each stock valued at $36.50, however the stock is presently trading at $35.33, even after the news came out. My question specifically is why does a cost disparity exist? Wouldn’t investors by at the low rate and then when the deal closes make a garunteed quick buck?

Cooper
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Comments

michael on 27 August, 2008 at 8:05 am #

The value is what it unless you are really able to buy under trading at lower per share or generally believe the more if you are really able to buy under trading would do it.


Bob W on 30 August, 2008 at 3:25 am #

The current discount is as soon as the risk youd be taking.


muncie birder on 1 September, 2008 at 9:38 pm #

For cost would be consumated there is about 117 share just so at rate of say if it is also the current present value of money involved here the money involved here the price disparity is expected not be about 117 share guess it took months to two factors the.