From what I have seen in the past, companies would normally rollover to stock of the purchasing company, but in this case, you never know.
I am excited that PPS rose 40-45% and have read of a target price of $20 has been established by one financial group. Holding for now, but tempted to take some profit. Unsure of what direction PPS goes from here. I have seen it both ways in the past. Would hold for a while at agreed purchase price of shares (in this case 16.50), and either drop or climb based on news following. Have experienced it both ways.
How about you?