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preymantis01

04/03/12 5:14 PM

#84764 RE: DaTradeMan #84763

DaTradeM. I cannot answer this. But when you see smoke_em posting, he could, I beleive he said he has already been through three of these merger/buyout deals..

Surklyn

04/03/12 5:20 PM

#84770 RE: DaTradeMan #84763

Cash is deposited as soon as the merger closes. I was in a stock that merged. They announced the merger and I received shares of stock in the buying company the day the merger closed.