MagStar Technologies (MGST): Arbitrage Opportunity
MagStar Technologies will conduct a going private transaction on February 5. Buying 1,999 or fewer shares at the current quote will yield a 20%+ return (around 80% annualized, depending on the expediency of management, transfer agents, et cetera). Risk of deal failure is nil because the transaction is not subject to shareholder approval. Furthermore, beneficial owners can partake.
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