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Review of Prism Medical
JUN 29, 2016 - Medical equipment provider being acquired at $12.50, roughly a 31% premium to the previous close. Coverage being discontinued due to the purchase.
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Q: I asked a question on PM soon after the takeover bid concerning the possibility of an increase in the share price before closure of the deal. Thanks to your answer, I held on and, lo and behold, the price has increased some 10% in the last few days. As before, I has difficulty in getting news (all I got so far is a circular about the meeting to vote for the deal). Is the price increase due to a dividend? Thanks as ever. henry
Q: S0RRY TO ASK A QUESTION ON A COMPANY YOU JUST STOP COVERAGE BUT I CAN,T FIGURE OUT WHEN THE DEAL WILL CLOSE AND WHETHER THERE WILL BE ANOTHER DIVIDEND PAYMENT BEFORE CLOSURE. JUST TO GET A FEW EXTRA DOLLARS.THANKS HENRY
Q: Where is the best place to look for news like PM, if you don't have Bloomberg? I missed it completely. Who is taking over? and at what price? Thanks Henry
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