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Wednesday, 01/27/2016 11:28:36 PM

Wednesday, January 27, 2016 11:28:36 PM

Post# of 1937
Just Got an email from my broker...

""Re. WMT position in account *****:

CUSIP: 931142103
Description: WAL-MART STORES

The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 02/17/2016.

Where to find more information:
For offers initiated by the company, information can often be found on the company's website.
If the offer was initiated by a third party, additional information can be obtained by contacting your local broker.

For mini-tender offers, the US Securities and Exchange Commission has urged caution. To review an SEC educational piece entitled "Mini-Tender Offers: Tips for Investors," go to www.sec.gov/investor/pubs/minitend.htm.

If you choose to accept this offer, please inform your local broker no later than 10 a.m. ET on the expiration date; a $25 fee will be charged to your account.
These shares must then remain in your account until the reorg/tender occurs (be advised that expiration dates are often extended and terms are subject to change).

Your broker is not endorsing or recommending this offer, and the terms have not been reviewed to determine if participation would be in your best interest. If you do not wish to accept this offer, no action is required.
""


So, ....

What does this mean??


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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