An Important Deadline Is Coming Up
If you have been following my articles, you have noticed my work about a special situation unfolding for Crown Media Holdings (NASDAQ:CRWN), the owner of the Hallmark Channel in July. Several months ago I discussed an opportunity to exploit what I believed was an undervalued situation that could best be defined as "quasi-arbitrage." Investors, including myself, who purchased shares in July have reaped a very healthy annualized return. Most importantly, this return came with what I believe was almost no risk due to the intricacies involved with the deal.
In this article, I will discuss the background of the situation for new readers and how the terms of this deal have since...
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