FGL Holdings Ordinary Share (FG) Social Stream
Warning: This security is no longer trading. defunct
Featured Post From StockTwits About FG
$FG It doesn't make sense to me. However the merger goes, every share should be paid to the maximum of $12.5 (a no brainer) = $2.7 billionStayCalmCarryOn, published June 16, 2020
If it's not cash only, every share should have a total value of $12.5 of either stock shares or a mixture of cash and shares.
The deal should be worth a total of $2.7 billion no matter how you cut it, other wise WHY agree to a downside risk of FNF < $50 at the time of the merger deal? The contract must suck and no body read...
No one share should be paid more than any others.
Position revealed: 7000 at $7.97
If I get shares of FNF, however many that may be, I'll hold FNF till at least $40. FNF, do your DD, is the number 1 company in its field, and SOLID as a boulder.
Nothing to worry about. Enjoy your weekend.