PBTH will get at least $7.00 a share. It was based on the time of the acquisition. Don't let the shorts scare you. They are #$%$ idiots
Read the releases: This tells you they will al least get $7.00
Based on Opko's $7.03 share price at the time of the acquisition, the value of the deal is $480 million, and Opko will pay $7.00 per share for Prolor's stock. The deal is expected to close in the second half of 2013, subject to certain conditions including the approval of stockholders of both companies and other customary closing conditions.
How is OPK going to pay for the difference of the stock price and the $7 at time of acquisition?
Assuming OPK will be $6.36 at the day of closing, will we get 1.1 share of OPK for every PBTH share we have? ( to make up the 10% loss compare to the promised $7.00 per share)t Someone posted that we are going to get .9951 of OPK for every 1 share of PBTH we have, so unless someone read the future and knows the price of OPK will be $7.03 at closing what you are saying make no sense.
In your post you write at time of acquisition but last I checked they have not make the acquisition yet and their price as of closing today is below $6.70....