Why is MHS trading at a huge discount to its takeover bid?

Discussion in 'Stocks' started by Burns' Suit, Jul 21, 2011.

  1. Don't the arbitrageur's usually tend to love this sort of thing?

    I'm just surprised to see it down so much. If you could sell it for $71.36 why sell it for $64?

    I'm wondering if I should step in and buy some here, but something seems off.

    Any thoughts?
  2. Deal may not go through. There are some anti-trust issues...
  3. ah, never factored in the FTC. Thanks for your post.
  4. Also it is not an all cash deal. So if ESRX tanks for what ever reason so will MHS...
  5. another valid point. Thank you.