giamasetti
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Terrei d'occhio questa operazione:
Johnson & Johnson (JNJ), Guidant Corp. (GDT)
Current discount: $5.60 or 7.4%
Acquirer: JNJ
Target: GDT
Offer per share: $76
Value of outstanding common equity: $25,384,000,000
Target share price: $70.40
Expected closing: Third quarter
Annualized gain: N/A
Note: Under the terms of the cash and stock deal, each share of Guidant stock will be exchanged for $30.40 in cash and $45.60 of Johnson & Johnson stock. The terms include a collar requiring that JNJ stock stay between $55.45 and $67.09 during a 15 trading-day period ending three days before the deal closes. Each Guidant share exchanged would be converted into JNJ common stock of not more than 0.8224 and not less than 0.6797 shares, plus $30.40 in cash.
Johnson & Johnson (JNJ), Guidant Corp. (GDT)
Current discount: $5.60 or 7.4%
Acquirer: JNJ
Target: GDT
Offer per share: $76
Value of outstanding common equity: $25,384,000,000
Target share price: $70.40
Expected closing: Third quarter
Annualized gain: N/A
Note: Under the terms of the cash and stock deal, each share of Guidant stock will be exchanged for $30.40 in cash and $45.60 of Johnson & Johnson stock. The terms include a collar requiring that JNJ stock stay between $55.45 and $67.09 during a 15 trading-day period ending three days before the deal closes. Each Guidant share exchanged would be converted into JNJ common stock of not more than 0.8224 and not less than 0.6797 shares, plus $30.40 in cash.
