Deal cancelled. Company in liquidation now. You will get $1.50 if you hold shares on record date of 4/13/2015. After that probably no more payments.
Its called insider trading. This is what regulators in Canada and USA need to go after but they don't - excuses are shortage of manpower etc. You can bet pretty much before many merger announcements increase in stock price and volumes.
They have nowhere announced an estimate of liquidation proceeds and what is the range shareholders can expect to get (this is standard for companies announcing liquidation). This is typical of Oliva - should have been removed a long time ago.
My broker is Charles Schwab and I got the mailing. My experience is that their back office work is more efficient and accurate compared to other brokers like TD Ameritrade etc.
No, Schwab just posted the ITA forms to avoid israeli withholding. And the deadline for those forms is July 17 at Schwab. I am trying to find out if those who submit forms right away and expect a payment sooner. American Stock Transfer is the paying agent and DF King in the information agent. I hope we don't have to wait that long. Can anyone else chime in particularly those who hold shares in their own name rather than street name.
AT, did you see the latest writeup in the GULTU message board by saxa1984? Any holes in his analysis? Cooperman seems to have increased his stake recently. What gives?