GREY:MLKKF - Post by User
Post by
twonxanityon Feb 15, 2011 7:25pm
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Post# 18139957
In Takeover what Happens to Warrants?
In Takeover what Happens to Warrants?I have a bunch of A warrants but I am wondering what would I have to do in the event of a takeover. I understand they will be honoured by the acquirer buy my question is about the excercising.
Would I have to pay the $1 per warrant to turn them into shares and then these shares would be bought out or would the warrants just be taken at there proportional price to the shares, for example 80% of the common stock takeover price.
Thanks