When the Sega/Sammy merger was announced, Sammy said their plans were to buy the balace of Sega's shares outstanding on the open market at a price of 1,200 yen in October, a 20% increase from the 1,000 yen price the day of the announcement. (can't seem to find links to original announcement articles)
Sega's stock is at 1,524 yen right now. Big, sloppy link below.
http://www.investor.reuters.com/Sto...quickinfo/stockoverview&cotype=1&page=default
Does Sammy still have enough cash to do the buyout, much less offer shareholders a premium?
Sega's stock is at 1,524 yen right now. Big, sloppy link below.
http://www.investor.reuters.com/Sto...quickinfo/stockoverview&cotype=1&page=default
Does Sammy still have enough cash to do the buyout, much less offer shareholders a premium?