NFP to be Acquired by Madison Dearborn Partners for $25.35 per Share in Cash
Congratulations to all short and long term longs on this fine Merger Monday with a nice 26% control premium. in case all shorts have not received the news NFP was going to be taken private, the news is now officially out. Takeout price is $25.35 All shorts (4,135,500m shares) will have to cover and buy back these shares at some point. There is nothing worse than a trapped short position.