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Valyooo (38.09)

January 2015

Recs

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Short HAL, long BHI?

January 05, 2015 – Comments (3)

I am far from a merger expert, but it looks as though BHI is trading at a 21% discount to its merger price.  It shot up to that price, and then got clobbered with all the oil stocks.  Is that just a case of indiscriminate selling, making this a great arbitrage opportunity?  What am I missing?

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