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No. of Recommendations: 2
1) There is a very slight chance that the sale might not go through.
2) There isn't much reason for one to park money in the stock when there is no upside potential. We'll see the share price inch closer to the buy-out price as the buy-out date draws near.

Strongly related to #2 above is the time value of money. Why put money in CNS at the full buyout price when one could put it in a money market account and earn interest instead? The market compensates for this by offering CNS at a small discount to the eventual price. That way, one collects a little bit of 'interest' while one waits for the deal to close.


a.k.a. TMFEldrehad
(I own shares in CNXS)
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