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Saw that it's in conjunction with a merger. Without knowing too much more about it I steer clear of the unknown.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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does the name ABC Radio ease some of the worry, CDL is the sixth largest radio broadcaster company in the United States based on net broadcasting revenue. it said to pay around 2.46 a share when and if the deal closes on the 12th of June.
-------------------- EMB Posts: 333 | From: calif, bay area | Registered: Jul 2005
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Well, yeah, I know that. I mean what will happen to the shares afterwards, what will the share price do after the merger, drop by the $2.46, stay flat, go up? Without some indication of that I wouldn't play it. That's all I was saying.
quote:Originally posted by HighSide: does the name ABC Radio ease some of the worry, CDL is the sixth largest radio broadcaster company in the United States based on net broadcasting revenue. it said to pay around 2.46 a share when and if the deal closes on the 12th of June.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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