Comments for MSEL.PK - Stockpickr! Your Source for Stock Ideas

Comments for MSEL.PK

Added By	Comments	Type	Date Added
barrons2	American Capital Strategies (ACAS) said that Merisel hasn't satisfied the closing conditions of their merger agreement and that it reserves the right to terminate the deal. American Capital maintains that Merisel has experienced a "company material adverse effect" because its first-quarter results were worse than those that had been previously indicated, and that this isn't allowed under the agreement. Merisel has said that American Capital would have to pay it a $2.5 million termination fee if it doesn't consummate the merger. American Capital owns 6,590,893 shares (68.5% of the total outstanding).	Love	June 07, 2008