just want to clarify here: MER is not @ 29 b/c BOFA, the parent’s stock is down, right?? i hate stock for stock deals, but i guess it is better for merger arb dudes thanks
yes .86 shares of BOA
thx buddy
They were going to take out MER using an all-cash deal, but at the last minute I refused to lend them $44,000,000,000. It’s just not so easy to find someone willing to lend you money like that nowadays.
Lehman’s market cap was over $44,000,000,000 less than 2 years ago.
JoeyDVivre Wrote: ------------------------------------------------------- > They were going to take out MER using an all-cash > deal, but at the last minute I refused to lend > them $44,000,000,000. It’s just not so easy to > find someone willing to lend you money like that > nowadays. Unless you are C and have friends in the Middle East.