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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (5017)10/11/2018 12:37:06 PM
From: richardred  Respond to of 7265
 
RE-BMS acquisition by AMCOR. I wonder if other BMS shareholders big and small are feeling the same?. IMO and I still do have an interest in this deal. I think it should be the fiduciary duty of the BMS board to ask for more AMCOR stock to achieve the agreed upon merger price.

Based on Amcor's closing price Friday, the companies said that the deal comes out to $57.75 a share, giving it an equity value of $5.26 billion. Shares of Bemis closed at $51.53 on Friday.


BMS-Speculation I'm wondering even though this is a stock deal, and will take a long time to be completed. I hope the value of the Aussie dollar will be taken into consideration in relation American dollar in the so called 46 dollar 5.1 for each BMS/AMCOR stock exchange price?