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Re: AT&T Down

By: DGpeddler in T | Recommend this post (0)
Thu, 12 Jun 14 7:03 PM | 225 view(s)
Boardmark this board | AT&T
Msg. 00410 of 00439
(This msg. is a reply to 00409 by DGpeddler)

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Another down day but AT&T is up two pennies.




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The above is a reply to the following message:
AT&T Down
By: DGpeddler
in T
Wed, 21 May 14 6:43 PM
Msg. 00409 of 00439

AT&T's buyout of DIRECTV sinking its stock
Quietly, AT&T's stock has sunk rapidly since the company announced the DIRECTV buyout. This is notable because as AT&T's stock falls, it means more shares will go to DIRECTV shareholders to make up the $95 purchase price. There's a collar that adjusts shares given to DIRECTV shareholders in the buyout between $34.90 and $38.58. At the bottom end of the range, DIRECTV shareholders would get 1.905 shares in the deal, but that's the max they'll receive.

From the Motley Fool.


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