Feb. 12 at 3:16 PM
$AES my hunch here is that Blackrock has been actively buying shares on the open market in recent weeks which is pushing the price up.... they're accumulating in the
$15's,
$16's and soon to be
$17's before making an offer in the mid
$20's. It pretty much allows them to pay a lower average share price and make AES a greater offer for the remaining shares they don't own.