% | $
Quotes you view appear here for quick access.

Pharmacyclics, Inc. Message Board

auntkanga 2 posts  |  Last Activity: May 28, 2015 11:10 PM Member since: Dec 30, 2003
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Terms of ALL stock

    by deskjet325 May 28, 2015 5:54 PM
    auntkanga auntkanga May 28, 2015 11:10 PM Flag

    •Pharmacyclics stockholders who elected to receive the all-stock consideration will be subject to proration at a rate of approximately 61.66%, and will receive their consideration in the form of $261.25 in cash for shares not accepted for the all-stock election due to proration and 3.9879 shares of AbbVie common stock per share of Pharmacyclics common stock for shares that were accepted for the all-stock election.

    Pharmacyclics stockholders will receive cash in lieu of fractional shares of AbbVie common stock. As a result of the acquisition, shares of Pharmacyclics common stock will cease to be traded on NASDAQ.

  • Reply to


    by happytimes301 May 26, 2015 1:42 PM
    auntkanga auntkanga May 27, 2015 9:51 AM Flag

    Did any one else elect all stock?? Logged on to TD this morning to find that ~38% of my PCYC was sold yesterday at 261.25 and then the remaining had been converted to ABBV.

    Did anyone else have this happen in their accounts?

261.250.00(0.00%)May 22 4:00 PMEDT