Using easy logic on the terms of the deal as ERI is trading at 30.60, CZR should be at 11.15 easy. Using the simple conversion of 1 share of CZR getting 8.40 in cash plus .0899 conversion. With or without any penalty or fees for the length of the deal being placed into the base. My thinking is with 3 states to still approve the deal we will see a closing of the...
