Forget the legal vultures. My advice to you (especially for the small individual investor) is to SELL NOW, pay Uncle Sugar his take, as well as your state governor (where applicable) his/her piece of the action, and walk away and enjoy the rest of the profit.
I see the risk is small. But the spread is less than 2% exclude the dividend. Not very attractive if the deal is closed in middle of the year.
I believe I read someplace that it will be sometime in the first week of March. I'm surprised at all the law firms that are contesting the merger. There is always a few, but there are many on this one. I sold out at $31 many years ago.
any thoughts or input as to the probability percentage this deal gets done? still a decent amount of coin on the table here to be had vs. take out price. any guesses as to when this closes? thanks.
It was just a matter of time until CRRC breaks out like this. Check CNET also... its technically hot and just started breaking out! Do your thorough DD but do not miss the train!
Sentiment: Strong Buy