Recent Blog Posts
-
Tesla Tests Crossover Market With Model X
Feb 10 20123:50 pm EDT -
Groupon Keeps 'Em Guessing
Feb 09 20128:27 am EDT -
When Business Takes a Same-Sex Marriage Vow
Feb 07 20127:16 pm EDT -
Klout Looks to Take Influence Local
Feb 07 20124:07 pm EDT -
Netflix Faces a Fresh Rival
Feb 06 20122:41 pm EDT -
LivingSocial Losses Shouldn’t Shock
Feb 02 20123:28 pm EDT -
Big Primping at Gilt City
Feb 02 201211:42 am EDT -
How About a Raise?
Jan 31 201211:09 am EDT -
Show Us Your (Wild, Bold, Extreme) Cards
Jan 30 20122:54 pm EDT -
Is Groupon a Daily Deal Bully?
Jan 30 201211:51 am EDT
Barclays Bank's Catch-22
How's this for a conundrum? If Barclays Bank wins ABN Amro, then its shares, like those of most successful acquirers, are likely to drop.
On the other hand, if Barclays fails to win ABN Amro, then Barclays itself becomes a takeover target and its shares are likely to rise.
So people who think Barclays is going to win ABN Amro should sell the shares, which will depress the value of its part-stock offer and make it more likely to lose ABN Amro.
That, in turn, will make it a takeover candidate and cause its shares to rise.
But that will help it to win ABN Amro after all, which means the shares will drop...
Read Felix Salmon's full Market Movers blog post on this subject here.
Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
500 Startups Hits New York