08-14-2016, 12:36 PM
That makes no sense to me Putz.
If the deal is accepted by IOC Shareholders in September, IOC shares will cease to exist on the Effective Date.
The IOC shares held in our accounts will disappear on the effective date and XOM shares will appear.
There will no longer be a market for IOC shares after the Effective Date.
At the same time, we will be given one CRP per share of IOC . . . but the CRP will not be tradable and will have no value
The CRP will be paid in mid 2017.
If the deal is accepted by IOC Shareholders in September, IOC shares will cease to exist on the Effective Date.
The IOC shares held in our accounts will disappear on the effective date and XOM shares will appear.
There will no longer be a market for IOC shares after the Effective Date.
At the same time, we will be given one CRP per share of IOC . . . but the CRP will not be tradable and will have no value
The CRP will be paid in mid 2017.
Drivel Maven with Personality