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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

Utilities Utilities - Diversified
National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

National Grid ADR repsg 5 Ord Shs
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Post by desl198on Jan 09, 2012 5:53pm
356 Views
Post# 19383919

Re: Conversion Formula

Re: Conversion Formula

 

Why would anyone buy PGK until after the merger goes through given the discount to market offered by purchasing NGG right here and now ?

  
I guess is like any other merger, it makes sense IF does go through.  If it doesn't go through  however, in theory PGK should go higher and ngg go lower ?!

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities