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Re: buyorsell40 post# 218

Thursday, 05/19/2011 6:57:28 PM

Thursday, May 19, 2011 6:57:28 PM

Post# of 237
buyorsell40 writes: ..."AND IF WE GET 3.75 SHARES OF FNBN PER EACH SHARE WE HOLD HERE.."

It's not a matter of "if". The merger agreement provides that Bank of Granite shareholders will receive 3.375 shares of FNB's common stock in exchange for each share of Bank of Granite common stock they own immediately prior to completion of the merger.

buyandsell40 Writes: "WILL THAT BE PRIOR TO SPLIT??"

I do not see any mention of a split.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62518035

-tbc-

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