Arbitrage Plays Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Arbitrage Plays

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (2)	5/28/1999 2:25:00 AM
From: Paul Senior	of 376

Anyone looking at Jackpot acquisition of Players International? J is offering $6.75 cash + $1.50 of J stock for ea. sh. of PLAY. (Total $8.25/sh) PLAY up a little recently to 6 7/16. Just guessing that deal, if it were done, would be later this year. Need financing/loan approval for J and gaming (states) reg. approval. J (PLAY) may have some difficulty in LA where they (PLAY) were involved with some nefarious deeds apparently. If it goes, it seems like a good arbitrage return. J stock also, fwiw, may be undervalued at current price (lots of cash, stock buyback in place). I have no position in either company. Just looking for now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next