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Successful Investing Exchange of shares advised in merger
A reader asks whether to sell Basalt Rock Co stock after a proposed merger with Dillingham Corp. The adviser notes the offer appears generous but warns that 20 to 90 percent of Basalt stock could be involved, and the small capitalization may hinder later sale. The exchange could benefit holders if the merger succeeds.
MENTIONED IN THIS ARTICLE
Basalt Rock Co
California
Dillingham Corp
Basalt
E.M
Hawaiian Islands
Dillingham Common