STX OSV stock has lifted its trading halt after Fincantieri reports that wholly owned subsidiary Fincantieri Oil & Gas S.p.A has completed the acquisition of 50.75 percent of STX OSV from STX Europe, at a price of $1.22 per share. A mandatory unconditional cash offer will be offered for the remaining shares at a price of $ 1.22 per share.
Today, STX OSV stock closed at $1.285 and whether or not it will be a good time for speculators to buy in now expecting the exit offer to be much higher than $1.22, or for the remaining shareholders of STXOSV stock to sell their STX OSV at $1.22, accepting the offer price is a question mark. In my opinion, I think the offer for STX OSV at $1.22 is too low a price. Even analysts point out that this stock should be ......
