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by berberous
4237 days ago
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Taking a 6% pop as evidence Chase made money from the deal is ridiculous. I'm not going to waste time pulling up charts of their share price, but if I had to bet, their shares were depressed while the overhang of legal liability remained. For example, the price could have been down over 6% due to news of the possible liability, and then popped back 6% when settled. So they would have lost on the deal. |
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