Ok, sort of like when Boston Scientific and J&J were bidding for Guidant? Don't you think the stock will reopen closer to 90 than where it currently is? Well, whatev, I'm not in the trade, no use 'monday morning quarterbacking' this one, eh?
stock will only go up if deal is perceived to close sooner, right now its discounting about 11% return if you hold it for a year or so. dont waste your energy on it if you already closed out the position.
