FlyerTalk Forums - View Single Post - FIMI Fund to Invest in EL AL

Feb 3, 2013 | 11:48 pm

#9

NYTA

Join Date: Apr 2009

Location: TLV

Programs: UA Platinum, Avis Chairman, Marriott Gold, Hilton Gold, GA Pilot

Posts: 3,225

Any time the target is public the buyers pay a premium over the traded price to take control. The only exceptions are when a deal leaks and gets bid up by the arbs and then even still it's almost always at a premium to the 30 day average.

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