Doug, Re: " When will an offer for NN be made? ". I will say it again: Nobody can determine that with any certainty. It has nothing to do with anything, pre earnings, post earnings, the stockmarket, whatever.
If there are 5 companies bidding, A,B,,C,D,E, AND company A decides to make a bid ( because their stock is already high, or they have the cash or financing or whatever ) then if company B also wants NN, company B has to make an offer at that time, even though that may not be the best time for them , or they will loose NN,
TA
To: Tunica Albuginea who wrote (14993) From: Doug Tuesday, Nov 23 1999 2:25PM ET Reply # 14998 of 15003
Tunica: Is that a NN acquired construct that means "I have no idea".
The Buyer will be timing his purchase with a high in his stock. The likely dates are usually pre-earnings if earnings are not that stellar or post Earnings if earnings are good.
This pushes the dates to January which is too far out to prevent any downside on NN. |