RE: RE: RE: 3 questions about tendering to BEP I just asked my brokerage the exact same question. I was told that if I tender at $2.60 and a higher offer by BEP is made before the expiry of the current offer I will get the higher offer price, not $2.60. No action is required on my part; unless I want to cancel any tender offer.
If the current bid expires without Brookfield getting the needed 50% and THEN they make another, higher offer sharehodlers would all have to re-tender, the process starting anew.
I asked about timing of payout if the tender offer is successful and I was specifically told up 10 days after the bids expires, but it could be sooner than that.
I called and asked these questions because Tom Konrad's article gave me great food for thought. I am also simply tired of this whole interminable exercise, from BEP to WND to SAVITR to AQN. I have profits and the worst scenario will be I won't make as much here as I thought I might, regardless of my final decision to tender or not tender. I do know that I am way too overweight WND and the uncertainty factor is increasing.
Them's my thoughts for the day.
El Joro