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Enterprising Investor

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Re: Enterprising Investor post# 28

Friday, 07/25/2014 4:40:58 PM

Friday, July 25, 2014 4:40:58 PM

Post# of 117
Lehman owned 1,441,441 shares of VCBI prior to the merger with United Bankshares, Inc.

Shareholders received .5442 of UBSI shares for each share of VCBI. The deal value was $14.00 per share.

He sold 111,113 shares at $16.77 on 12/13/13 and converted the rest.

http://www.sec.gov/Archives/edgar/data/1099305/000123148813000028/xslF345X03/primary_doc.xml

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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