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Re: TenKay post# 64025

Monday, 06/24/2013 10:18:47 PM

Monday, June 24, 2013 10:18:47 PM

Post# of 146838
Actually, it would be very surprising had they had left out the instructions on share certificate exchange. I can't seem to recall any merger announcements that didn't instruct shareholders as to the disposition of the certificates. It's quite common for the seminal shareholders, principals of a company or other affilates to hold their shares as physical certificates registered in their names.

A few merger PRs

Ralcorp Merger
Ralcorp shareholders will be sent a letter of transmittal with detailed written instructions for exchanging their Ralcorp stock certificates for the merger consideration.

Copperweld merger
Stockholders of record who hold shares in certificated form will receive a letter of transmittal to allow them to deliver their share certificates to the paying agent in exchange for the Merger consideration. Stockholders who hold shares through a bank or broker will not have to take any action to receive cash for their shares, as such payments will be handled by the bank or broker.

3SBio merger
Shareholders of record as of the effective time of the Merger who are entitled to the merger consideration will receive a letter of transmittal and instructions on how to surrender their share certificates in exchange for the merger consideration. Shareholders should wait to receive the letter of transmittal before surrendering their share certificates. For any questions relating to the share certificate surrender and payment procedures, shareholders of record may contact JPMorgan Chase Bank, N.A., the Share paying agent,