Thursday, June 30, 2016

Why do stocks which are bought out (mergers & acq) stay lower than the buy price of the deal?

Case in point, LNKD, it's at 189 when Microsoft will pay 196 per share. Why is it lower? If I buy at 189, will I get a 196 payout when the deal is completed?



Submitted June 30, 2016 at 03:49PM by provoko http://ift.tt/29bNlGi

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