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Symantec Corporation Message Board

  • snugly60031 snugly60031 Mar 18, 2005 11:04 AM Flag

    Changing Merger to Increase Share Ratio

    VRTS shareholders on their MB feel they are getting screwed, since SYMC share price has dropped. There could be a strong sentiment not to approve the deal on current terms. There have been many mergers of companies in which the acquirer had to go back and sweeten the deal to get it done. Nothing is final yet. I wouldn't be surprised to see ratio increased from current 1.1242 to compensate for the loss of SYMC share price. If the chief wants to do the deal, IMO most BOD's these days will go along with it.

 
SYMC
24.39-0.20(-0.81%)Sep 19 4:00 PMEDT

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