I assume it's to approve the deal but that's a bit quick maybe. I have received no notice of such a meeting and I am a shareholder. I will need to contact my broker. Thanks.
The deal was announced last November. It has not yet closed. They are currently working on regulatory/competition approvals around the world and they will also need shareholder approval. They expect it to close end Q1 (end March) early Q2.
You are welcome. In vase you have not found the split, its $129.22 cash per share and 0.3683 ACT share per AGN share held. So, 1,000 AGN shares will, upon close, get you $129,220 in cash and 368 ACT shares.
Well, most of those middle class jobs are where the overlaps exist. You cant really have two accountants doing one job, or two lawyers, two HR officers/managers/directors etc etc.
Wrong. Deal was always to close 2nd quarter. I don't know where you claim to get your information. Today, news is it should close late 1st quarter, early second, so the timeline is getting closer, not being pushed out as you suggest. Regulatory clearance around the world is whats holding it up.
It's "too" bad, not to bad Matsky old chum. Your points will be better accepted if you can express then intelligently and coherently. Now, why is it some people think it's the CEO's job to guarantee full employment? The reality is that an employee needs to provide more value than he costs or they are at risk. Companies often get bought out because they are loaded with unnecessary overhead and hence they are rife for a takeover. You want it any other way then go work for the govt.
kid-to bad you don't work there since they would definitely fire you! if you want to correct spelling get out of here & become a legitimate teacher but start with the 1st. grade- so you can convince them how smart you are!
NEW CEO loves to cut middle class jobs. In fact he has all but destroyed the work forces of the last three companies he has merged The needs of the few directors and himself out weight the needs of the many hard working Americans. WHAT a creep and how has he accomplished these merges in les than one year???? Where is SEC in all his transactions.
The buyout price is not fixed. At the time of the announcement it was $219, based on a formula of $129.22 in cash plus .3683 shares of ACT for each share of AGN. ACT is now 261, so if the closing were to happen today, the value of each share of AGN would be $225.34. Obviously that value can change from now until closing and also the value of ACT can change after closing. You will be sitting with .3683 shares of ACT after the closing for each share of AGN you submit for exchange.
Sentiment: Strong Buy