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Vail Resorts Inc. Message Board

petelato 22 posts  |  Last Activity: Jul 8, 2015 2:37 PM Member since: Apr 30, 2007
  • Reply to

    Another offer??

    by vmurgolo May 13, 2015 9:04 AM
    petelato petelato May 18, 2015 1:19 PM Flag

    Nice try long, this excerpt is taken right from article about deal: "As per the agreement, Verizon will shell out $50.0 in cash for every share of AOL common stock, highlighting a 17% premium over AOL’s Monday’s closing price. Notably, the value of the deal is estimated at around $4.4 billion. The deal is expected to be sealed this summer." Just because it said the "DEAL" is valued at 4.4, doesnt mean it is all going towards the buyout, there are numerous other cost associated with a takeover that this will go towards. But good luck with your position, keep holding above the buyout price and see how that works out for you......

    Sentiment: Strong Sell

  • Reply to

    Another offer??

    by vmurgolo May 13, 2015 9:04 AM
    petelato petelato May 13, 2015 11:44 AM Flag

    no other offer coming, this is from a news release today regarding price as stated by Cantor Fitzgerald: Cantor said the takeover valuation is "relatively fair" and that a higher bidder is unlikely to emerge. The Bulls are trying to create a false sense of excitment by driving this up, but you will see this drift down over next few days as people start to realize there are major hurdles in place before this deal is completed, wont even be till the end of year probably, long time to wait for for a share price lower than where it is right now, lol....

    Sentiment: Strong Sell

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