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The offer was based on a share price of 190p.
Google remained stable, with a share price of nearly $725.
That alone would have justified a share price of 325p.
There is a share price angle as well.
They argue that all information relevant to a share price is already contained in the price.
A similar valuation on Devro would give a share price of 132p.
There is nothing like a burst of bid talk to get a share price rising.
Similar(4)
From the start, Mr. Sperduto was concerned about the $7-a-share price, the messages show.
The $17.05-a-share price is a 36percentt premium over Trustreet's closing stock price on Friday of $12.51.
Suddenly the sacred dollar-a-share price was shattered with one of its funds.
The MSCI China A-share price index is up almost 350% over the last 18 months.
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