Q: I am the owner of SJR,B shares. The news release essentially says Rogers will pay $40.50/share for BOTH the A class shares and the B class shares, which represents a 70% premium for the B shares.
At the time of typing this question Monday morning, the market has the A shares at $40.35 and the B shares at $32.00.
Shouldn't the B shares be at $40 as well, or am I missing something or is the market confused?
Thanks for your help...Steve
At the time of typing this question Monday morning, the market has the A shares at $40.35 and the B shares at $32.00.
Shouldn't the B shares be at $40 as well, or am I missing something or is the market confused?
Thanks for your help...Steve