then add in all the extras,better housing,chow etc. back to engility: I see a price about 10% to 15% of L-3. L-3 will drop due to the loss of cashflow. But I guess we see contracts that will push both share price up within 6 months. remember only my guess that I'm banking on.
you are soooo wrong. A contracted worker makes 3-4 times more than a DOD worker. The job I had "incountry" paided 60,000 yr. The guy who was a contractor got 150,000 yr. for the same job when I left. The weapon systems techs get a big ticket to do the job.
My guess would be that if you own 6 shares of LLL right now that would be worth Approx. $400. And afterwards, you will own 6 + 1 which will equal $400, because LLL price will fall to compensate for Engility. So youre not gaining anything monetary, just paper shares. Someone feel free to correct me if wrong.
I hope your wrong. My reading of the press release indicated that this was a distribution. Why would there be a mention of the tax free status of the distribution if there were no financial benefi? It seems like its a windfall for shareholders.Also the ability of Engility to expand its government services business would be a plus that eventually would increase the value of those shares. Anyone have some definitive info on the subject.