Well the debt is trading at about 17 cents on the dollar. Would it be an option to sell some of the contracts and purchase back the debt?
is today the day????
46.50-48 a share. Companies are in advanced talks and could announce the deal early this week.
What I am a bit concerned about is how long can they shop the deal before Shire gets ticked off and walks away.
I would think there has to be some kind of a time limit.
Volume looks to be in line. Last 10 days the average is 3.8 and we are at 3.1 with an hour to go.
Very ugly tape over the last couple days but its holding in there and gaining with 90 min to go.