Yes, 80% done deal. Just wait for approval by SEC. However, the Muddy Water may make some stories and causing the stock shaking. But eventually, it should be alright since company has its choice for its future. so 10% , waiting for no more than 6 month, it is not bad.
I mean are they all fully engaged now? This is binding?
Does anyone have experience on seeing there is flucuations between now and the end assuming FMCN story holds up? This can never go beyond 27.50 now so can we assume FMCN would stay around 25 until May?
Based on my experience with arbitrage, the price will slowly rise until the next catalyst which is the shareholder vote. You will like get a decent pop if the vote is approved, which looks likely. It will then drift up slowly until the closing date is announced. At that point the price should spike fairly close to $27.50.