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- Greene King - takeover poll
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I would if I knew but I don'tblythburgh wrote: ↑Tue Aug 20 2019 9:12amCan you qualify what happens if a shareholder in Greene King does not sell and waits for any takeover to happen please. It might help people make a more informed decision.
Look at the offer terms, which are probably publicly available. If they're buying for cash then eventually you get money for the shares, which would be similar to selling them into the market but you have to wait (selling to the market you'd usually receive slightly less but won't have to wait). Or the offer could be a stock swap or combination of the two, in which case some or all of the value in your Greene King shares would be exchanged for shares in the company that buys Greene King.garindan wrote: ↑Tue Aug 20 2019 9:21amI would if I knew but I don'tblythburgh wrote: ↑Tue Aug 20 2019 9:12amCan you qualify what happens if a shareholder in Greene King does not sell and waits for any takeover to happen please. It might help people make a more informed decision.
The main advantage of selling now is locking in the higher price, if the offer isn't yet unconditional. If it isn't, the deal could fall apart and the price drop; but once unconditional that risk is much reduced.richard@imutual wrote: ↑Tue Aug 20 2019 9:13amSounds like we stand to get at least the current market price, so what would be the advantage of selling now? And would that outweigh the potential upside of an improved offer?
Double well done everyone.
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