Redbox apparently was bought out by Chicken Soup for the Soul and “The transaction, which is expected to close in this year’s second half, has been approved by the boards of directors of each company. RDBX stockholders will receive 0.087 of a Class A common stock of Chicken Soup for the Soul Entertainment for each Redbox share they own.”
CSSE is currently selling for around $6, so each share of Redbox which is selling for $6, are worth about 8% of it's current price.
Is this a huge Short or Put Option opportunity?
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