I spoke with Scottrade this afternoon. The rep said he's never seen anything like this one and be careful. The acquisition price is not yet set. The rep was not upbeat about this one.
Question: What happens if one does nothing and doesn't respond to mailed offer?
Nothing. You keep your pfizer shares.
I agree! I'm not going for it! I like receiving my Dividends, and I also believe PFE Stock is more Valuable because it's for Humans!!! I think we all should Boy Cott the deal!
I'm with you. This should have been spun off to shareholders. About 10 years ago, pfe was to spin off their cosmetic/beauty aid division. They reneged and sold it to J&J. Management always took care of themselves with no regards to stockholders.