So every time I see a misprice in a buyout, I always want to jump and buy it. For instance today, with ALY trading around 3.51 and the buyout offer at 4.25, thats a huge profit if the deal goes through. But if it doesn't, the stock could plummet.
Anybody got statistics and how often these deals work out and how often they don't?
Is it too risky of a venture?