Will you still be able to be asked to select either stock or cash?
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China trying to block the deal:
https://seekingalpha.com/news/4004433-vmwarebroadcom-spread-seesaws-amid-report-on-china-review-of-deal
Why did vmw go down 5%? Any announcement came from FTC?
So basically they collapsed in after hour at 148... so If you bought you already lost 5% :)
If you buy vmware shares today, only risk is if avgo stock drop to less than 662$, then you will make loss.
(2 * VMW buying price -142.5) / 0.252
(2 * 154.72 -142.5) / 0.252 = 662. So as long as AVGO is above this price, you make some profit.
You become a billionaire overnight, but please keep it a secret.
What Is the Record Date and Why Is It Important?
https://www.investopedia.com/terms/r/recorddate.asp#:~:text=The%20record%20date%20is%20the%20cut-off%20date%20used,owed%20to%20a%20new%20buyer%20of%20the%20stock.
what will happen to shares bought today? will the selection apply to shares bought today?
but the notification letter has a quantity (number of vmware shares) in it. will the selection apply to that quantity only?
Yes. The deadline of Sept 7 hasn’t expired yet. In fact a lot of EMEA employees must have bought stock this morning- there was quite a bump. Now it dropped again.