Stockmarket Merger Issue V 3.1.2
Posted: Tue Jan 12, 2016 12:44 am
myself owning 25.405.841 out of 40.000.000 shares of apple thats 63.51%
apple owns 33.000.000 out of 44.000.000 shares of Richmont thats 75%
apple merges with richmont and issues 3.319.888 new shares in exchange for the remaining 11.000.0000 shares (25%)
at the merger all my shares are sold into public hand and i get market price paid all other shareholders keep their shares
same if i decite to merge with paying cash ... same happens all my shares on apple getting sold instantly
must be something wrong there.
apple owns 33.000.000 out of 44.000.000 shares of Richmont thats 75%
apple merges with richmont and issues 3.319.888 new shares in exchange for the remaining 11.000.0000 shares (25%)
at the merger all my shares are sold into public hand and i get market price paid all other shareholders keep their shares
same if i decite to merge with paying cash ... same happens all my shares on apple getting sold instantly
must be something wrong there.