In theory, something could go awry and the merger ratio could change – but the probability of that happening, in this case, is effectively 0.
Since the announcement, the arbitrage has been roughly between 2%-5%
I estimate it is currently around 2.8%
That said, switching would also depend on your tax basis primarily and there is some frictional cost around commissions etc.
No point in enriching the government while actually losing money on a net basis if your tax basis is low enough.
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