Bo Loo
Well-Known Member
Hi all,
I received this email from Scottrade today - what does this mean?
Re. stock symbol / cusip - F / 345370860:
The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 03/28/2012.
For mini-tender offers, the US Securities and Exchange Commission has urged caution.
To review an SEC educational piece entitled "Mini-Tender Offers: Tips for Investors," please go to http://www.sec.gov/investor/pubs/minitend.htm
If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.
I received this email from Scottrade today - what does this mean?
Re. stock symbol / cusip - F / 345370860:
The above-listed stock is part of a non-mandatory reorganization or tender offer, which currently expires on 03/28/2012.
For mini-tender offers, the US Securities and Exchange Commission has urged caution.
To review an SEC educational piece entitled "Mini-Tender Offers: Tips for Investors," please go to http://www.sec.gov/investor/pubs/minitend.htm
If you decide to participate in this offer, you will need to inform your local Scottrade branch office no later than 10 a.m. ET on the expiration date listed above, and a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. Please note that the expiration date for such actions is often extended and terms of the offer are subject to change.
