Send to a Friend Share

L-1 Identity (ID) volatility elevated at 50

May 17, 2011 7:29 AM EDT
ID Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
L-1 Identity Solutions (NYSE: ID) announced on September 20, 2010 that it entered into an agreement to be acquired by Safran in a merger transaction providing for stockholders to receive $12.00 per share in cash. A U.S. review of cross-border deals has delayed the deal twice for national security reasons. Overall option implied volatility of 50 is above its six-month average of 21 according to Track Data.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Options

Related Entities

Options, Safran/L-1 Identity Solutions

Add Your Comment





Follow StreetInsider.com On Twitter