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MANITOBA TELECOM T.MBT

"Manitoba Telecom Services Inc provides broadband & converged IP, unified communications, information solutions, security & home alarm monitoring. It also offers local access & long distance & data services to residential & business customers in Manitoba."


TSX:MBT - Post by User

Comment by autofocus111on Mar 29, 2017 12:20pm
135 Views
Post# 26046745

RE:Funds are in, but short

RE:Funds are in, but shortThe way I read it is this: The entitlement (45% cash 55% stock) is $20.3977 in cash and 0.3311 of a BCE common share per MBT share.

So if you have 100 MBT shares, you will receive 100*20.3977=2039.77 in cash value and 100*0.3311*58.30=1930.31 in equivalent cash value of BCE shares (using BCE share closing price on Mar 17).. The total value I received based on the transaction values in my account matches this to within 0.03%.
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