Thanks for this analysis -- i found it inciteful. I've been building a position in ROH after "selling" Wrigley due to it's merger.
Guess what folks: with these wild gyrations, i think getting into mergers is a safe way to stay involved in the market. I feel that i'm being handed christmas early and have been buying every $3-5 down or so and will build a few thousand share position.
I will keep a close eye on the financiers; never been a fan of Citi but hey, thems the breaks.
Irrational Arbitrage Spread: Dow Chemical's Acquisition of Rohm & Haas [View article]
Irrational Arbitrage Spread: Dow Chemical's Acquisition of Rohm & Haas [View article]
Guess what folks: with these wild gyrations, i think getting into mergers is a safe way to stay involved in the market. I feel that i'm being handed christmas early and have been buying every $3-5 down or so and will build a few thousand share position.
I will keep a close eye on the financiers; never been a fan of Citi but hey, thems the breaks.
Foob