InvestorsHub Logo
Followers 4
Posts 930
Boards Moderated 0
Alias Born 06/25/2007

Re: rafa51 post# 2019

Thursday, 06/18/2009 12:14:38 PM

Thursday, June 18, 2009 12:14:38 PM

Post# of 2070
You need to consult your broker, I can not give you legal advise.

As I read it, if Takeda acquires 90% of IDM shares in the "tender" offer, the Merger Agreement with IDM with is "successful."

If the Merger takes place (and you still have shares of IDM) "your Shares will be automatically canceled and converted into the right to receive the Offer Price ... ." This is on page 6 of the "Offer To Purchase For Cash All Outstanding Shares of IDM."

Please read this for yourself. This just my own opinion.