Tiso_us,
Bring me up to speed on what you are thinking or trying to say.
Are you adding to the discussion a couple of days ago about the privatization “what if “scenario’s?
I’m a little slow so you will have to educate me…
BTW is it interesting that PSPW would be noted below???? What is your theory??
The detail below was some detail regarding PSD privatization structure?
1.Why is my Puget Energy stock no longer listed on the NYSE?
As a result of the merger with a group of long-term investors (Puget Holdings), Puget Energy is no longer a publicly traded company. All Puget Energy common shares were liquidated on Feb. 6, 2009 when the common stock was delisted from the New York Stock Exchange.
2.Can I exchange my Puget Energy common stock for shares in the new company?
No. Puget Energy is now a privately held company with no publicly traded common stock.
3.What happens to my Puget Energy common stock?
Under the terms of the merger agreement, all outstanding shares of Puget Energy (NYSE: PSD) were converted into a right to receive $30 per share in cash, without interest. Within four weeks of the Feb. 6, 2009 closing of the merger, you should have received at your addresses of record, either a:
•check for your shares at the merger consideration price ($30 per share) for “non-certificated shares” (also known as "electronic" or "book-entry" shares), OR
•Letter of Transmittal with instructions on how to exchange your stock certificates (physical shares) for the merger consideration price
