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| NewMil Bancorp, Inc. (NMIL) |
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| scampf |
 Posted: Tue Apr 25, 2006 8:46 am Post subject: NewMil Bancorp, Inc. (NMIL) |
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Investing Sr. Associate
Joined: 15 Feb 2006
Posts: 90
This Month: 0
6725.56 e$
Net worth: 41,831.66
Portfolio Value: 35,106.10
Monthly Return: 15.56%
Trades this month: 0
Churn Rate: 0.00%Items
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| Anyone know anything about this? |
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| Benjamin |
| Posted: Wed Apr 26, 2006 1:20 am Post subject: |
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Administrator
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| Quote: | NewMil Bancorp shareholders will receive $41 in Webster common stock for each share of NewMil Bancorp common stock so long as Webster's average stock price is between $44.85 and $50.25 per share. If the average Webster stock price is below $44.85, the exchange ratio will be fixed at 0.9142. If the average Webster stock price is above $50.25, the exchange ratio will be fixed at 0.8159, the company said.
NewMil rose $11 to $39.91 Tuesday, while Webster slipped 52 cents to $47.07.
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For a stock to gain 30% like that in a day I'd call it a Hot Potato, but you never know. |
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