GREY:ANGZF - Post by User
Post by
uwinsomeon Nov 24, 2013 9:42am
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Post# 21935737
NGL Shareholder Deadlines
NGL Shareholder DeadlinesI just got off the phone with my online broker. If the deal is voted on and approved, Angle shareholders will have two options. A - is that Angle shareholders will receive all of their shares in exchange for all BXE shares at the ratio previously mentioned. B - Angle shareholders can receive $3.85 in cash for every NGL share.
However, if you don't specify, Angle shareholders will receive a combination of BXE shares and cash. To prevent this from happening, you need to call your online broker before December the 5th.
There might also be this option with the mail out distribution but I havn't seen it yet.