Post by
moloko on Sep 26, 2014 10:14am
wow
So I asked for option 1, $31 in cash
Instead I got this
I had 1000 shares, and this is showing in my T.D account
BA - DISP - 1000 - $30,700
BCE - ACQ (aquired) - 336 shares (- 16,097)
hmmmmm.
Comment by
Piedpiper1 on Sep 29, 2014 2:56pm
You should have received ~ $14641 in Cash for every 1000 shares plus approximately 337 shares of BCE as more than 25% of the tendered shares were option 1 (Cash). This meant that all option holders end up with a bunch of BCE shares. Basically you only receive $31/hare for about 47.2% of your shares and for the rest you receive .6371 shares of BCE for the other 52.8% of your shares.