If you've been paying attention to the stock of Riviera Holdings Corporation (symbol: RIV) which owns the Riviera Hotel & Casino in Las Vegas, you may have noticed there have been several different offers to buyout stockholders and take over the company. Offers have ranged from $27 a few months ago, to $30 and there is talk that the bidding may go even higher. Chances are there will be a successful bid within the next few weeks or months.

I thought it might be fun to have a contest to guess the exact price per share that will actually succeed in a buyout. The winner will receive a $5 Riviera chip of my choice.

Post your answers and number here. One guess per person. Open to members only. The winner will be the person who guesses closest to the price accepted by the board of directors WITHOUT GOING OVER. Ties will be awarded to the person who posts first. The contest will close when a takeover bid is approved and the final share price announced.