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What's Up with BAM's Stock?

2015-05-22 07:14:58| Agriculture - Topix.net

Although Books-A-Million's stock price fell by 5 cents on Wednesday, to $3.13, its shares were still trading well above the $2.75 per share offer made at the end of January, when the Anderson family proposed acquiring all shares in the retailer that they did not already own. Why? At the time of the initial proposal, BAM was selling at $1.68 per share, and the price did not reach the $2.75 offer until April 1, the day it reported improved results for 2014.

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