Following the Cleveland Cliffs / Alpha Natural Resources Deal [View article]
how is it that ANR price went down (on 7/17/08) if $22.23 in cash plus .95 of CLF share's value adds up to $18.88 profit per share for ANR shareholders (ANR is now worth $95/shr and CLF is willing to pay $92.39/shr)?? anyone? explanation please...
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how is it that ANR price went down (on 7/17/08) if $22.23 in cash plus .95 of CLF share's value adds up to $18.88 profit per share for ANR shareholders (ANR is now worth $95/shr and CLF is willing to pay $92.39/shr)?? anyone? explanation please...
Jul 17 17:50 pm
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All Comments by Yael Pipano »Following the Cleveland Cliffs / Alpha Natural Resources Deal [View article]