I would assume that the Market cap of PPL will be reduced by the new Market cap of TLN, so the share price of PPL should adjust accordingly. I am not sure what happens to the options traded in PPL. If any one could shed light on how options will be effected I would appreciate it.
Blah blah blah. You are a broke record!!! Your sugesstion about news being bad is just "stirring the pot wild speculation" You are about as inforamtive as the village idiot. (or is that you just a different alias?)
You see this claim made all the time.. "Somebody has leaked earnings" To that I say baloney!!! It is an easy claim to make since the evidence to back it up is what is happening to the underlying equity. Te probem is that just aint how it works. If CY was trading on insider info you would see A HUGE spike in volume. And thn there would be an SEC investigation.