December 2009: Hewlett Packard Buying 3Com
Stock: 3Com
Symbol: COMS
Buyout Terms: Hewlett Packard is paying $7.90 cash for each COMS share
Est. Closing Date: June 30th
Today’s date: December 1st
Today’s price: $7.40
Projections:
$/% Gain: $0.50/6.76%
Time frame: ~ 7 months
Annualized return: +11.6%