GREY:VMSTF - Post by User
Post by
Hortaon Apr 15, 2016 2:46pm
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Post# 24772525
Clarification on alternatives
Clarification on alternatives
Just so that everyone is clear. Unless someone out there elects for Alternative A (cash option), Alternative B (RNC share option) won't happen. It is very highly unlikely that anyone is going to choose the cash option but you never know. Please let me know if that isn't what others have gotten.
You have to carefully read through the available share amount section of note 3 on the letter of transmittal. This is the reason the market has had VMS shares locked at the proration option value pretty closely.
Available Cash Amount $3,507,000
Available Share Amount 36,000,000