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Author: JudasTouch Big red star, 1000 posts Old School Fool CAPS All Star Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 129  
Subject: Re: Reebok Acquisition Date: 8/4/2005 2:51 AM
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I also would like to get closer to $59 before selling (who wouldn't?).

However, debating the idea of selling before the deal closes, this is what occurs to me:

1.) I'm in over a year, so short-term gains not an issue.
2.) Agree with roberrabbit: I don't see anyone else upping the ante for RBK.
3.) Again agree with roberrabbit that the risk of the deal being derailed by shareholders or antitrust regulators is minimal.
4.) I understand that the deal 'could close in the first half of 2006' (from the AP story).
5.) The upside from here is ~3.5%.

So, what I'm looking at is holding my smallish position for another 7-10 months for a 3.5% return. I feel like there are some better opportunities than that out there right now, but realize I may be missing something.

Would love to hear input from you guys.
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