jack red,
Whether or not the takeover goes ahead and whatever the rumour is on the day ,it is interesting that a large group like the capitol group would sell 110 million shares at 5.29 and risk 30c a share. Groups like these only sell when they believe that there is no more money to be made.
Like all stock market moves this is a gamble and at the end of the day you might not get 5.60 for yours but that is the gamble you take.Capitol group's information led them to believe it is not worth taking.