ATI Technologies Inc. (ATYT), Advanced Micro Devices Inc. (AMD)
Premium offered: $0.99 or 4.9% Acquirer: AMD Target: ATYT Offer per share: 0.2229 share and $16.40 per share Value of offer per share: $20.99 Value of outstanding common equity: $5,322,374,715 Acquirer share price: $20.58 Target share price: $20 Expected closing: By Oct. 27 10/27/2006 Annualized gain: 257.4% ---
dude, this was from the real-time DJN Dow Jones Newswire ...
just wanted to hear ur ops about it. here the header:
amtd/Dow Jones Newswires - Story
=DJ CFA Arbitrage Spreads On Pending Mergers & Acquisitions
10/20/2006 Dow Jones News Services (Copyright � 2006 Dow Jones & Company, Inc.)
WASHINGTON (Dow Jones)--The following provides information on selected merger and acquisition deals. All figures are updated by Dow Jones Newswires, with share prices as of 10 a.m. Eastern Friday.
Annualized rate of return is based on Friday's date and the expected closing date and isn't compounded. Expected closing dates are compiled from company statements and reports, and when a time period is cited, that information is provided with that time period's midpoint date, which was used to make the annualized return calculation. Deals are listed alphabetically by target, and spreads don't include dividend or interest payments. "Premium offered" refers to the amount that the current value of the offer exceeds the stock price of the target. Deal values don't include the assumption of debt. (Dow Jones 202-862-3545) Stock price data source: Thomson One