Not an arbitrage opp, but more like a long term roll of the dice… you get 7-year stock warrants on this one! Wait… what?
Frontier Financial Corporation (NASDAQ: FTBK) is to be acquired by Acquisition Holdings, Inc. (NYSE Amex: DSP) (”SPAH”).  The deal is 0.053 shares of DSP stock (currently trading at $9.73 on July 31, [...]