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Author: broadmoor Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27  
Subject: overbid Date: 12/18/2006 9:07 AM
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In pre-market H now trading more than a dollar above buy-out price. Does that mean there is some consensus that a better offer will materialize, or that the $30 will be rejected?
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Author: alanvw Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 14 of 27
Subject: Re: overbid Date: 12/18/2006 10:13 AM
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I'm trying to figure this out too. As a shareholder, you have to wonder how much of a better offer you are likely to see vs. just selling now.

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Author: rmale Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 15 of 27
Subject: Re: overbid Date: 12/18/2006 10:26 AM
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Glad to see I'm not the only one puzzled by a share price higher than the offer. Only just though; the commission paid if sold now would take it lower.

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Author: harbingerj One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 16 of 27
Subject: Re: overbid Date: 12/18/2006 10:50 AM
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I don't know the answer either but it seems the price has come down to half a percent higher than the "offer"

Maybe that is reasonable for the commission.


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Author: broadmoor Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 20 of 27
Subject: Re: overbid Date: 12/18/2006 6:03 PM
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There is an article on Dow Jones Newswires which does mention the possibility of another suitor. I guess some folks will buy a bit above the agreed offer price on spec.

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