If there is a merger at the seen, they will line up the prices as close as possible. Last closing price of the preffered was 345 and today Dish price just jumpt to 35. Hrg above 8 which doesn't make it a clean divisible ratio. If Dish is the one, the ratio could be one Terrestar preffed gets 10 shares of the Dish but how about the commons? If they count us in. The ratio could be one share of Dish for 100 of the commons or in that case we would get 35 cent a share.
Any day Dish price to close at 34.50 I expect they would announce something the next day.
Just some thoughts (or halucinations).