The deadline differs depending on the entity involved. With GE its 10/14. With Scott its 10/12. Each Broker may have a different deadline and yes one should contact their broker to see what the deadline might be. I mentioned Scott, BAC has been silent and I bet the deadlines differ. Then there is the bet to be made on an extension which usually happens if GE does not get what it wants. But that is risk.
As I've pointed out, there is no info regarding how many shares being tendered, especially since they are revocable. GE may have an idea if brokers can disclose but that I don't know. At expiration, GE will either have the 90% in which its bound, less than 90% in which case it can decide to accept what it gets (likely) or extend the tender (likely). It will decide whether it got enough to justify the tender and the 90% is just legal protection for them, not us. I bet they will accept between 50% and 90% and get most of the benefits of control. We won't know till GE tells us and the risk is that the pps will go down if GE doesn't accept or if it accepts what it gets and leaves the rest of us on the hook. Also we will have lost our chance at 34/35 short term. I wonder at the float for us remaining holders. Arcam is already low float, GE will have whatever it gets and won't be trading and Elliot et. all will have their 10%ish and wont be trading And a lot of us won't be selling;. So between us, GE and the 10%ers how many shares will be actively traded???
In the short term, I may have made a mistake by not selling all at 34/35. I am still shocked at the silence of all parties and with less than a week to go for some of the broker deadlines, time is rapidly running out. At this point, I doubt if any new offer/obstacle comes into play
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