CPO: Corn Products International Merger News and Arbitrage Profit - MergerInvesting.com

2008-12-02 06:32:06
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Listed Closing Values do not include regular dividends.

Symbol Announced Date Closing Value Last Price Closing Date Profit Annualized Profit
CPO 2008-06-23 $44.27 $24.32 Unknown 82.05 % 0.00 %

Additional Information
If the merger is completed, Corn Products International shareholders will receive shares of Bunge with a value of $56.00 for each share of Corn Products International stock that they own.

Each share of Corn Products International stock will be exchanged for a fraction of a share of Bunge determined by dividing $56.00 by the volume weighted average closing price of a Bunge share for the 15 trading days ending on the second trading day prior to the date of the Corn Products International stockholders meeting, provided that if this average closing price is equal to or greater than $133.10, each share of Corn Products International stock will be exchanged for 0.4207 of a Bunge share, and if this average closing price is equal to or less than $108.90, each share of Corn Products International stock will be exchanged for 0.5142 of a Bunge share.

Corn Products International Merger News:

DateUpdate
2008-09-03 Bunge clears waiting period on Corn Products deal (AP)
2008-09-17 Corn Products International Declares Quarterly Common Stock Dividend of $0.14 Per Share (Business Wire)
2008-10-23 Votes on Bunge-Corn Products deal delayed a month (AP)
2008-11-05 Bunge Comments on Corn Products Announcement Regarding Merger Agreement (PR Newswire)
2008-11-05 Corn Products International Notifies Bunge Ltd. of Intent to Change Recommendation of Merger Agreement With Bunge (Business Wire)
2008-11-10 Corn Products, Bunge terminate $4.8 billion merger agreement (at MarketWatch)


View Closing Conditions for the Corn Products International (CPO) Merger



View Financing Conditions for the Corn Products International (CPO) Merger






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