The Informa offer closes at 1pm today (13 July 2007) so we'll find out soon enough but to me it's starting to look like a done deal.
There were some doubts creeping in last month though. Back on 25 June, Informa had valid acceptances from just 22.1 per cent of the Datamonitor shares - but that's when the Datamonitor share price was sitting way above the offer price, hitting a peak of 680.50p. Investors were either looking for Informa to boost its bid or hoping to see a third-party enter the fray.
Now with the Datamonitor share price sitting at 642.50p this morning (9.55am BST), that 650p offer from Informa has got to be looking a lot more attractive.
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Note: In no way am I offering any financial investment advice!
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