L-1 Identity (ID) volatility elevated at 34 on wide share price movement

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 34 is below a level of 62 on May 13 and above its six-month average of 22 according to Track Data.

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