One for the city boys!

Author
Discussion

craig-A

Original Poster:

520 posts

226 months

Thursday 11th June 2009
quotequote all
I have shares in CDN, and rumour has it they are about to be taken over, so what happens to my shares if this happens?

Thanks in advance,

C.

Zippee

13,545 posts

240 months

Thursday 11th June 2009
quotequote all
Depends on the terms, you'll either be offered new shares in the new parent company at an agreed rate, cash for your existing shares or a mixture of the 2.

Zod

35,295 posts

264 months

Thursday 11th June 2009
quotequote all
you receive an offer to give you shares, cash or a combination of the two in return for your shares.

Scooby_snax

1,279 posts

260 months

Thursday 11th June 2009
quotequote all
well looks like it has jumped 25% today but way way down on 12 month peak