MANITOBA TELECOM T.MBT

Funds are in, but short

[JJtheLad]

Seems the aggregegate value of funds and BCE stock received is about 1% short?  Even my broker couldn't explain why I didn't get the full $40/share.

Does anyone know the basis of how cash/stock split was calculated and why it comes up short on $40?

[autofocus111]

The 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