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El Paso Corp. Message Board

  • wee.mayer wee.mayer Aug 13, 2011 12:33 PM Flag

    EPE

    The new company will list as EPE on the NASDAQ
    Any one know what the price will be.
    And is the small holder get the screw job.

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    • I just lightly perused the Form 10 filed this past week. Here's a short summary of what I understood:

      1) each EP shareholder on the date of record will receive 'x' amount of EPE shares
      2) you will keep each and every one of your EP shares after receiving your EPE shares
      3) the ratio of EPE shares to receive for each EP share is not determined yet (straight from EP Shareholder Relations this morning - yes, someone's working on Saturday answering emails)
      4) the date of record is also not determined yet

      This is what I understood. I did not read the entire document. If anyone else thinks differently, pls chime in.