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| Discussions for Accredited Home Lenders Holding Co. | View all discussions |
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| the buy out | ||
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From: dan0...@comcast.net
Date: Wed, 19 Sep 2007 14:16:28 -0000
Local: Wed, Sep 19 2007 10:16 am
Subject: the buy out
now what??
Loan Star buys Accredited for 11.75 a share. Do the shares disolve and money gets transfered??? When does this occur?? Do they give you 11.75 even though they are trading for 11.50?? Should you sell it before the take over on the market? In the past, the buyer was public so shares changed to the new company. Loan star is private??? You must Sign in before you can post messages.
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From: raj.he...@gmail.com
Date: Wed, 19 Sep 2007 10:33:24 -0700
Local: Wed, Sep 19 2007 1:33 pm
Subject: Re: the buy out
They havent set out a date yet. You will have to tender your shares
once the deal is confirmed close with your stock brokerage company, and then on the date of transaction the money will be automatically sold into your trading account. Thats how i believe it works and have been told it works You must Sign in before you can post messages.
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