Quote:
Originally Posted by Tervuren
The risk of buying it right now is that the sale doesn't go through.
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Interesting thought
My company was recently sold to a private equity firm and will take the company private. The sale, pending approval, is in Nov/Dec of this year. The stock was trading at $10/$11 per share. The buyer offered $20/share. The day of the announcement, stock jumped. Weeks have past and the stock is trading just above $17/share. I wondering if this is a buy - I also wondering about the risk if the sale doesn't go through.