Jump to content
House Price Crash Forum
Sign in to follow this  
OzzMosiz

When Companies Merge

Recommended Posts

Hi,

Company I work for his merging with another company (60/40 ownership in favour of other company).

I have some shares (some unvested, some exercisable). What typically happens when companies merge.

I've no experience of owning shares in this situation, can anyone give some advice based on experience?

Cheers :)

Share this post


Link to post
Share on other sites

Would that be the Alcatel/Lucent deal? :D

Just a guess, because that is 60/40 also. In that case it is an all-share deal, so you will get the parent company shares to the equivalent of your holding.

If I am completely off-the-mark though let me know. Takeovers tend to be for cash or shares, or some for a combination of both, and some have an earnout element also. I don't know what the circumstances are in your case.

Share this post


Link to post
Share on other sites
Guest boredwaiting

Would that be the Alcatel/Lucent deal? :D

Just a guess, because that is 60/40 also. In that case it is an all-share deal, so you will get the parent company shares to the equivalent of your holding.

If I am completely off-the-mark though let me know. Takeovers tend to be for cash or shares, or some for a combination of both, and some have an earnout element also. I don't know what the circumstances are in your case.

If your holding lucent shares then it can only be a good thing :) Although OFS didn't do very well with the fibre part of the buyout - i hear that all top management there can speak japanese fluently :) - I hope you're french is good.

Share this post


Link to post
Share on other sites

If it's an all share offer, you will likely receive something through the post soon asking you to approve the deal and to enclose your share certificate. You will then be issued a new share certificate with your shares in the new company. If there are fractions of shares left, these will likely be given to charity or a cheque issued to you for the balance.

If you hold the shares in a nominee account, I'm not sure if you'll have a say. If it all goes ahead, you will likely be required to do nothing and your nominee account will be updated accordingly.

NDL

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.