$86 all cash offer

Insider Trading: Alive & Well on Wall Street

Two Tales, Both Stinky*  ConAgra Offers to Acquire Ralcorp for About $4.9 Billion –headline, Bloomberg.com (5/4/2011) It’s hardly unusual for the target of a corporate acquisition to jump in price:  such deals often occur at premiums, and can occasionally trigger bidding wars, further goosing the target’s stock price. So, what’s the big deal about Ralcorp...
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