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And presumably since this is billed as a “merger of equals” with two companies that have broadly public ownership, no control premium for NYSE stockholders. That’s certainly what NYSE stock is saying right now (down 2%).
What gains, DIBS? Stock for stock merger. I hold NYSE stock today, tomorrow I hold NYSEdeutschebourse stock. No cash out. Nothing to be spent I didn’t already have today.
One thing I can almost guarantee is that the perception of control shift among those who are involved in the deal differs from the public’s perception. All of the buzz that’s going around is probably dumbly uninformed compared to the thinking on the deal team. It usually happens that way.
We don’t even know yet where the top level holdco after the merger will be incorporated.
Though I can guarantee it will have a dual listing. 🙂
And presumably since this is billed as a “merger of equals” with two companies that have broadly public ownership, no control premium for NYSE stockholders. That’s certainly what NYSE stock is saying right now (down 2%).
I really wish Brownstoner would stop accepting crappy flash ads that lock up my browser.
Very annoying, and I don’t have this problem with ads on any other site.
What gains, DIBS? Stock for stock merger. I hold NYSE stock today, tomorrow I hold NYSEdeutschebourse stock. No cash out. Nothing to be spent I didn’t already have today.
One thing I can almost guarantee is that the perception of control shift among those who are involved in the deal differs from the public’s perception. All of the buzz that’s going around is probably dumbly uninformed compared to the thinking on the deal team. It usually happens that way.
We don’t even know yet where the top level holdco after the merger will be incorporated.
Though I can guarantee it will have a dual listing. 🙂
I think we need to start a short story club.
You don’t think some of those gains will be spent, lechacal???
bhs, the spruce street bldg gives me joy everytime I see it on the train. It shimmers like tinsle.
I tend to browse all mediums and many genres of porn, but short stories are probably my favorite.
does jackal’s 9:55 post mean that he sits around and reads danielle steele and novels with Fabio on the cover and touch himself? weird.