I saw that too and I believe that is the basis of your call. However, I can't help jumping in today higher than that. According to WSJ (Nov.3 print edition), if DMND > $56.62, need $700M debt; DMND < $44.61, need $1.05 B. Overall, the accounting case seems to be not a major problem but some institution investors troubled with it. Analysts think the deal will go through. "P&G is still committed to closing the sale, a spokesman said." I think it is a good buying opportunity. 50% of the float has been shorted by mid October. When the tide turns, DMND will explode upward.