I understood there was to be a cash payment to WCRX holders for the transfer of WCRX to ACT. Anyone have information??
No cash involved.
Ratio was 1 WCRX .16 ACT PLC
also 1 (old) ACT 1 ACT PLC
The final verdict was a 1 for 1 stock merger. For every WCRX share, the shareholder would get 1 share of the New Actavis PLC which took place on October 1, 2013.
That is not how it went for me. I had 1400+ WCRX, now have 214 of ACT.