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Posted on 11/12/19 at 1:22 pm to Drew Orleans
So what’s everyone doing with the news?
Posted on 11/13/19 at 4:09 pm to Drew Orleans
Not sure I’ve ever held a company that was bought out. What happens to my shares once the acquisition is final?
Posted on 11/13/19 at 4:36 pm to TigeRoots
Pretty sure your brokerage handles the transaction, but you will get paid the buyout price per share.
Posted on 11/14/19 at 8:12 am to TigeRoots
Yep. If it happens you’re guaranteed the $27.10 per since it is a cash/finance sale.
I might sit and see what happens. Now that others know the company is for sale someone might make a higher offer.
I might sit and see what happens. Now that others know the company is for sale someone might make a higher offer.
This post was edited on 11/14/19 at 8:13 am
Posted on 11/14/19 at 8:39 am to Drew Orleans
I’ll probably sell this year and capture the gains since I sold my McDermott shite this month. They should offset each other well.
Posted on 11/14/19 at 11:07 am to Drew Orleans
quote:
Yep. If it happens you’re guaranteed the $27.10 per since it is a cash/finance sale.
I might sit and see what happens. Now that others know the company is for sale someone might make a higher offer.
That is my plan as well.
Posted on 11/14/19 at 5:30 pm to Drew Orleans
I own mine in my IRA so I guess I need to wait for it to happen.
Posted on 11/14/19 at 6:31 pm to jerryc436
Why’s that? You can sell now...
Posted on 11/14/19 at 8:37 pm to Drew Orleans
Waiting for 27. Am I being too optimistic?
Posted on 11/15/19 at 5:23 am to jerryc436
Not necessarily. Considering how high it is now. It may make sense to go ahead and sell.
I was just curious why you said you should wait since it’s in your Roth?
I was just curious why you said you should wait since it’s in your Roth?
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