When the tender comes down, will my broker send/e-mail me a notice of the offer or do I just have to call them during a certain time period? May be a stupid question but it's been a decade since I was in this position. Thx.
This is a silly question.
If there is a change in tender, SVU will annouce it publicly and extend the tender period for 15 to 30 days.
This is your responsibility to contact your broker for any change in your decision.
I have not seen any compay to lower the tender but there many examples when tender price goes up.