
222: Luke Cummings – Mergers & Acquisitions: The Ultimate Game of Poker
Chat With Traders
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What Is the Price Drifting Up?
Sometimes these deals are quite spread out antime, like you know, a deal might take, i don't know, you have a better idea of this than i do. So from the time have it initially been announced to the point of the change of control takes place, what happens if a, say, just stick in with this example, the bid's a dollar and overtime? So say three months have passed. There hasn't really been too much news flow around the takeover, and prices slowly started to drift either up or down. I mean, what does that mean? Yes. The price gap should close, rather than become larger over time. And likewise, i say, a stock
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