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Well the upside of holding is 3.7%. From what I've seen so far it's not very clear how long this deal is going to take. The article I read says the deal needs be cleared with regards to anti trust regulations but I don't see that as a problem with Nike dominating the shoe market. I'm going to wait until I have a few more details (time frame primarily) but will probably sell. Even if it was a stock deal (which it doesn't appear to be) I don't think I would want into adidas.

-- Dennis
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