What does that mean? Is it likely the offer will be increased? If the deal closes 2nd qtr next year, shareholders would have received ~1.35 in dividends plus the sale price of $27.25=$28.60.
That means you Sideline folks and MM's have to OFFER more MOOLAH to make any of the folks here holding SELL.. Folks are into SLOW $$$ and not likely to be low hanging fruit.. So anything North of $30. might make some major folks tumble in..
I like your thoughts..