by the time the tender offer date expires May 31, 2011?Am I missing something here? Won't the stock price match the tender price?
I feel silly posting this link over and over, but since people keep asking this and/or calculating incorrectly, here it is again:http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_S/threadview?bn=27268&tid=40466&mid=40469
i'm sure some did the math realizing the offer was for 60% of the company - then you have to factor in the worth of the remaining shares.Are the remaining shares worth $23? the market says no and that is why you have the average down.Plus the latest release by SPWR did not help.