Any thoughts, I'm interested in jumping onboard.
Buy AYE instead. If you buy AYE at 22.71 you are going to get .667 shares of FE when the deal closes. Your break even point will be approx $34 for FE so you have about a 13% cusion.
Is there a fixed price or is it .667 of FE for every share of AYE no matter what FE is trading at when and if the deal gets done next year?
about $32 at the rate it's falling__believe I'll wait.
I can'nt see it would make a new yearly low.
Oh about 2 cents, give or take a bit.
Within the last week, on Feb. 17,18, and 19 FE traded at 38.75 or less.
S @ P has a $45.00 price target.
Got my order in for $38.75. Will see if it fills.