TMBCF: Tembec Shareholders may receive, as elected, in respect of each Tembec Share held, either: (i) $4.75 in cash; or (ii) 0.2542 of a share of Rayonier AM common stock (each whole share of Rayonier AM common stock, a “Rayonier AM Share”), subject to proration. Fractional shares will be paid in cash.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.