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Re: charlie T colton post# 4873

Tuesday, 10/11/2016 2:31:05 PM

Tuesday, October 11, 2016 2:31:05 PM

Post# of 6624
re: Elliot agitates and broker notes

Couldn't find much on Investopedia so I went to Wikipedia-

Elliott Management Corporation

So my first assumption is that they'll act in the interest of shareholders at large, based on that article.

Next, it's GE Sweden Holdings AB that's buying Arcam. Legally, I don't know if that changes anything but I post that for our use.

GE Aviation announces a recommended public cash offer to the shareholders of Arcam

Lastly, in these last hours of decision making it appears these are the possibilities with the current update that Elliot has greater than 10% ownership:

(i) You voluntarily tender your shares. GE accepts your offer and does not withdraw the offer. You get 285 Sek unless they make a greater offer later, then they owe you the difference.

(ii) You voluntarily tender your shares. GE accepts your offer but later withdraws the offer. Typically this occurs 2 to 7 days after the deadline. You end up with the shares that you had.

(iii) You do not tender your shares voluntarily. GE cannot force you to sell them as Elliot owns greater than 10% so you cannot be forced to sell.

(iv) GE manages to buy 66% and you haven't tendered your shares. Here's the headache for me, they can issue more shares if I have my percentages correct, and the strategies multiply.

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