Why is anybody selling in the high 46's when they will get 47.75 with the buyout?
Where did you get the figure of 47.75?
The deal is not certain to close - people would rather take the sure $$ now rather than risk that something goes wrong between now and close.I am personally a bit sorry to see the deal -- I am a long-time holder of LIFE with a nice chunk and will do well but it was a company I planned on holding for 20 years...LV
Oops, just saw the headline. Sry. Thanks.