I know of a company that should buy Yahoo at $46 and recoup everything it spends plus more in the snap of a finger. Serous discussion only pls. I will reveal the company by the end of the day. Can you guess the company?
NO at $46, Yes above $56.
Other than recent analysts upgrades from $44 to $56 if you go back to last year loan. It is quite clear that those bought the Senior Notes believe that when CERTAIN EVENTS occur Yahoo price would be easily $56 per share. There is no interests payable to the investors.
$1.25 Billion Convertible Senior Notes Due 2018
'an initial conversion price of approximately $53.43 per share of common stock, subject to adjustment upon the occurrence of certain events' ............
........'The warrants will give the option counterparties the right to purchase that same number of shares from Yahoo at a strike price that initially will be approximately $71.24 per share'
Sentiment: Strong Buy