FDRY 16.50 CASH, trading 16.67 now

Discussion in 'Stocks' started by Clubber Lang, Dec 17, 2008.

  1. BRCD for FDRY will close tomorrow at 16.50 CASH.

    FDRY trading 16.67 right now.


    (I'm short above the takeout price right now, am I missing something)?
  2. Just found this---

    "Foundry anticipates that the previously announced conditional special cash dividend payable to Foundry stockholders will be about $0.25 per share."

    So it's really $16.75.

    So much for "free" money.
  3. Special dividend paid on closing.

    About 24.9 cents