Thursday, June 29, 2017

Why is SVA not trading at $7?

I'm quite new to this so forgive me if this is a foolish question. SVA has entered a definitive agreement to go private for $7 a share. There was some question as to if this was the best price they could get, and to fight against that, the purchase price has been raised to $8 a share.

I would expect this to cause the price of this stock to rise somewhat rapidly as people try to get in on the premium, but it's been a somewhat unstable pace. Is there something I'm missing?

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Submitted June 29, 2017 at 11:50AM by enigmapulse http://ift.tt/2u2OQPh

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