cephalan said today they expect cima deal to close "soon"//up to the ftc....someone on another message board said by begin of next week
this is the longest *@#$@$!* arb i've ever been involved in. my annualized return stinks
Hey, a low annualized return on a deal is the least of problems for many arbs this year when many deals are going bust - TTN, MOSY, INVN, HLYW, etc.
You wrote:is the longest *@#$@$!* arb i've ever been involved in. my annualized return stinks I bet it is better than the 1.25% on money markets
true..but any day now literally....