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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (950)12/11/2000 5:54:45 AM
From: dalroi  Read Replies (1) | Respond to of 3158
 
So if i read this correctly

-- The collar provides a fixed value of stock consideration provided the
Average Shire ADS Price at Closing is between US$47.20 and US$70.80.
In such circumstances, each BioChem Share will be exchanged for
approximately US$37 worth of Consideration Shares.

SHPGY is now trading at 51$ , we should short shire and buy bche ?

Cheers
Stefaan