With the price of ODP down substantially will the merger parameters change? Did OMX management agree to $13.50/share or just 2.69 shares of ODP/share of OMX regardless of the price of ODP? If it is the latter, then we got a bum steer because @ the ODP current price of $3.95 our equivalent "price" comes to $10.63. I'm having no luck finding this answer. Help is appreciated. Thx.
Interesting OMX did not provide their shareholders with some sort of minimum price or safety net in the agreement. As ODP continues heading down this deal is starting to look pretty bad from the OMX shareholder side. Even with the special dividend, OMX management short changed their shareholders at this price. JMO.