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Re: aceofbase post# 5052

Saturday, 10/22/2016 9:34:41 PM

Saturday, October 22, 2016 9:34:41 PM

Post# of 6624
I don't think they will know very much until after the bid expires. GE may be negotiating with/talking to certain major holders and get a rough indication, however, they cannot make any binding agreements unless they are made public.

For example AP1 with their 9% could change their mind and pull out from their accept.

Another example, Nordnet (a Swedish internet bank) now collects withdrawals that they will "deliver" mid next week. I guess most banks and brokers collect both withdrawals and accepts and report them at the end of the tender period. With my Swedish bank/broker Avanza I can, if I would have accepted, withdraw electronically till the last minute of the tender period.

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