GREY:PGDIF - Post by User
Comment by
mill44on Aug 01, 2018 5:41pm
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Post# 28400865
RE:What happens Aug 31
RE:What happens Aug 31Everyone who held shares on the 15th (if I remember correctly) will get a package with information in the mail before the end of the month. There will be voting about the offer, which most likely will be accepted, then a date set when the transaction will be finalized (expected to happen in Sept). At that time all the shares will be transferred to DeBeers. Shareholders will be paid 24c/sh. PGD won't be trading under any symbol, it will cease to exist after that.