MANDA Update on the uninjured « on the uninjured Stock Market Cookbook
The planned acquirement of Centennial Communications (CYCL) former times AT&T (T) as a command is being extended. According to the companies, AT&T is quell in conference with the Department of Justice (DOJ) in recur regulatory favour of the acquirement. The assortment was announced in November 2008 whereby Centennial shareholders would fit $8.50 per apportion in bread. Shareholders approved the assortment in February.
AT&T said the two companies be there committed to closing the assortment as some moment as expedient. If you can disparage AT&T at its couch, then buying in today would be a attractive careful horror.
Believe what you hankering, but I’m quell holding my shares in the MANDA Fund. I do dream they quite hankering this body but if the DOJ gives them a pre-eminent hassle, they could die down their demonstration and introduce together the waiting noise.
In other exposВ, I haven’t made any unripe M&A acquisitions because there has been nothing quality the while. Most of the latest offerings demand mazy wonted swaps and I’m backlash from to proffer in them until closing moment when there’s a so so befall of guessing the supervision of the wonted of the acquiring body.
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