As Post Begins Trading When Issued,No Free Toy In This Cereal Box

Post Cereals(POST) began trading today on a when issued basis.  Currently, it’s settled in around $26.50 with a range of $22.75 to $27.50.  But what is it actually worth? One share of Post stock will be distributed on February 3 to for every 2 shares owned of Ralcorp(RAH) as of January 30, so those who buy Ralcorp today… Read More »