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Bullboard - Stock Discussion Forum
Transat AT Inc
T.TRZ
Alternate Symbol(s):
TRZBF
Industrials
Airlines
Transat A.T. Inc. is a Canada-based provider of leisure travel particularly as an airline under the Air Transat brand. The Company's core business consists of a Canadian leisure airline, offering international and Canadian destinations, and is vertically integrated with its other services of holiday packages, distribution through a travel agency network and value-added services at travel...
destinations. The Company, through its business units, is focused on four business segments: air transportation, outgoing tour operators, destination services and retail distribution. It flies to international destinations in the Americas and Europe, and offers domestic and connecting flights within Canada. Its destination services offer a range of products for customers of outgoing tour operators: hospitality and representation, excursions, tours, sports and other activities, specialty services and others. Its retail distribution consists of providing advice to travelers and selling consumer products.
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TSX:TRZ - Post Discussion
Transat AT Inc
> Potential Transat shareholders
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(7)
•••
BearBull007
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Post by
BearBull007
on Dec 05, 2020 10:46am
Potential Transat shareholders
Would be grateful for some feedback.
Can non-Transat shareholders purchase Transat shares at this time or is there a cut-off date for that?
Thanks.
(3)
•••
Curious777
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Comment by
Curious777
on Dec 05, 2020 12:13pm
My understanding is "yess", you could still purchase TRZ shares at this time with the AC-conversion option - and until at least December 15th. The said "election date" is still to be defined (early 2021), and is conditional of the Dec 15th voting result - green light in favor of the transaction - or not. And my understanding is based on the following message that a
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(8)
•••
insidersnoop1
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Comment by
insidersnoop1
on Dec 09, 2020 9:01am
To choose payment by obtaining shares in Air Canada , you have to : Quote : " Beneficial Holders will then need to contact their brokerage firm to indicate their election choice. • Please note that your Brokerage firm may have internal deadlines that are in advance of the election deadline that will be established..." Good
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