Pursuant to the agreement, Liberty common shareholders will receive USD42.00 in cash for each share of Liberty common stock they hold and option holders will receive cash equal to the difference between USD42.00 per share and the exercise price of their in-the-money options
Liberty option holders will also receive cash equal to the difference between USD42.00 per share and the exercise price of their in-the-money options
. The transaction has been valued at USD103.7m.
The transaction is valued at approximately USD 62.5m, based on a per share valuation of Suncrest's stock of USD 10.50and includes the cash out of CBBC in-the-money options
For a call option, in-the-money options
refer to options with S/K being greater than 1, at-the-money options refer to options with S/K being 1, and out-of-the-money options refer to options with S/K being less than 1.
and TEM Holdings, Inc., all the outstanding shares of Veramark common stock and in-the-money options
will be bought for USD1.18 per share.
Regardless of the reason for leaving the company, in-the-money options
would be exercised early.
However, this condition may bring a bias because out-of-the-money options have lower dollar prices and thus will have lower squared errors (SE) than in-the-money options
. Then this method would have a bias of bringing better fitting for in-the-money options
Options Sniper's proprietary system focuses on quicker in and out front month, in-the-money options
with consistent performance.
The in-the-money options
premium will include intrinsic value and time value.
Holders of Verenex in-the-money options
and performance warrants who have properly elected in a manner acceptable to Verenex will surrender such options and performance warrants under the arrangement in exchange for a cash payment equal to the in-the-money amounts thereof determined with reference to the per share Cash Purchase Consideration being paid for the Verenex Shares.
Under the terms of the in principle agreement, the purchase price is CAD7.00 per company common share and all of company outstanding in-the-money options