Monday, November 14, 2011 10:54:27 AM
Negotiations will determine a "date certain" for the ownership, stock price etc. to be used as a date of record. (Sometime before the merger date) That means the price on that day for both stocks, will be used to determine the exchange ratio to complete the deal. The merger will still happen in February, baring any extensions, and that will be the end of the transaction.
Clear as mud now? Yeah, I was worried about that. Sorry to muddy up the old fishing hole!
Good luck.
This will be a fun ride!
MTP
Don't take my word for it, Do your own research! Then you will know it's true!
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