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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Mar 18, 2014 9:27 PM Flag

    April 32 put buyer and Gates Global BX at 34.19

    A block of 20,491 April 32 puts were sold for 53 cents.

    Blackstone considering higher bid for Gates Global, Reuters reports
    According to people familiar with the matter, Blackstone Group is considering a higher takeover offer for Gates Global after its previous bid of approximately $5.5B was rejected.

    Q1 2014 …..Expected Report Date 04/17/14
    Consensus Estimate EPS…….(14 Analysts) $0.61
    Estimate Low/High Range …… $0.42 / $0.74

    Did the put buyer know the outcome of above?

    We will know soon.

    Good luck!

    Sincerely,

    Carolyn Novice

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