Posted by: Jon Fine on July 18, 2007
It falls from its current lofty peak, sure, but to where?
Do we assume that the company’s $36 stock price—the level it was at before Murdoch’s bid was made public—already contained a deal premium?
Curious to hear any and all thoughts.
UPDATE 7/20: Some thoughts on this here, with a major hat-tip to my colleagues Tom Lowry and Roben Farzad.