Tuesday, August 20, 2013 1:41:57 PM
I am wondering what the negative ramifications would be if I chose NOT to accept the tender offer for the buyout of Trius by Cubist...for instance if I chose to participate in a class action suit.
For example, if I didn't accept the tender and the buyout did ultimately go through, am I simply throwing away my investment and not getting any return? Or would I still be paid the $13.50 per share along with the maximum of a $2 CVR, even though I didn't accept the tender offer?
My Schwab acct people told me that I would still get the payout at the terms agreed upon ($13.50 + $2 CVR), even if I declined tender offer and the buyout did go through.
My Scottrade acct people told me that they weren't provided w/that info and I would have to contact Trius IR.
Any thoughts??
Thanks
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