Typically a stock is held in place stalled or driven down by Anonymous when a merger or JV is in the works...they take a 15-30 day period of the stock average daily and then the premium is added to the average stock price ...and thats what the deal is made at. See the calculation at the link below
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October 2018 | 30% | 50% | 75% |
Date | Close | Close | Close |
2018-10-12 | $19.09 | $19.09 | $19.09 |
2018-10-11 | $19.70 | $19.70 | $19.70 |
2018-10-10 | $20.06 | $20.06 | $20.06 |
2018-10-09 | $17.42 | $17.42 | $17.42 |
2018-10-05 | $16.31 | $16.31 | $16.31 |
2018-10-04 | $16.41 | $16.41 | $16.41 |
2018-10-03 | $16.95 | $16.95 | $16.95 |
2018-10-02 | $16.02 | $16.02 | $16.02 |
2018-10-01 | $17.76 | $17.76 | $17.76 |
Average October | $17.75 | $17.75 | $17.75 |
Premium | $5.32 | $8.87 | $13.31 |
Buyer Share Cost | $23.07 | $26.62 | $31.06 |
Shares Issued | 248,279,078 | 248,279,078 | 248,279,078 |
Deal Value | $5,727,963,848.85 | $6,609,189,056.36 | $7,710,720,565.75 |