Jan
16
Playing the arbitrage on BEAS
January 16, 2008 | Leave a Comment
This morning I decided to use a bit of my leverage to buy a decent sized position in BEAS at $18.46. This is an all cash deal from Oracle, and they obviously have the money to pay it. The two companies have been in discussions about this deal for months, and I think that insulates the deal from the risk of problems arising before the deal closes in mid-2008. In the meantime, BEAS is trading at about […]
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