Does anyone have any info on what's is happening with EDE. I bought it as an arb position less than two months ago at 25 and change thinking that it would close in about 5 - 6 months at 29 1/2. Must be some folks think that the closing will be sooner rather than later. I got out today. ZWD131
I think you got out at a good time. UCU is going to try and find a buyer for the construction side of their company. There is a good chance that Quanta will be the buyer. In that case UCU is just moving money from the front pocket to the back pocket. The psc's of MO,KS,OK, and AR are going to have to look at this merger in a different way now. There are way too many variables to call this a done deal. I got in at about the same price as you did. I'd like to hold for a little more, but I'm not going to go past mid Dec. regardless of price.