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Pastimes : Can SI Members Really Manipulate Stocks?

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To: Jeffrey S. Mitchell who wrote (132)7/31/1998 11:05:00 PM
From: Probity98  Read Replies (1) of 461
 
Jeffrey,

Consider the following scenario (hypothetically speaking): a company looking to acquire another company made a deal in cash & stock, and agreed to a set $, # amount, respectively. Then the value of the stock unexpectedly increased and the company to be acquired would not agree to a lesser amount of stock shares. Could the CEO of the company making the acquisition reduce the value of his company's stock to accommodate this deal? Your insight is greatly appreciated.
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