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Strategies & Market Trends : Arbitrage Plays
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To: Paul Senior who wrote (22)6/25/1999 5:48:00 PM
From: Allen Furlan  Read Replies (1) of 376
 
Paul, today's Washington Post had article on cg buyout attempt. Two things that may influence you, 1) the CEO of NI Source says he is strongly committed to takeover, 2) one commentator believed regulatory approval very difficult if situation remains hostile. +-=0 Also 13 board lawsuit said to be bogus by legal "experts" However I view this as a reasonable gamble not an investment. Sold 5 July 65 puts for 1 15/16. We shall see. P.S. received my 26 dollars on 3100 shares of AATI today.
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