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Hudson City Bancorp, Inc. Message Board

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  • bigmmv1 bigmmv1 Nov 9, 2012 8:56 PM Flag

    Question re cash value in merger

     

    My understanding is that ur guaranteed the 60/40 stock/cash ratio. You can ask for all cash or all stock or some variation. Depending on what other shareholders request, u may
    be able to get what you request, e.g., asking all cash by some shareholders will free up more stock to distribute to those that may want more than 60% (and less cash).

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