Jump to content

WSTL - Westell Technologies, Inc.


Recommended Posts

Parker Drilling did something similar recently. They ended up changing the the number of shares that would be cashed out and have had a few issues that have resulted in payment not being made yet (but it is expected now soon).

 

Note that the cash out might not affect shares in "street name":

"If consummated, the proposed transaction would apply directly only to record holders of the Company’s common stock.  Persons who hold shares of common stock in “street name” are encouraged to contact their bank, broker or other nominee for information on how the proposed transaction may affect any shares of the Company’s common stock held for their account."

 

 

 

Link to post
Share on other sites

Parker Drilling did something similar recently. They ended up changing the the number of shares that would be cashed out and have had a few issues that have resulted in payment not being made yet (but it is expected now soon).

 

Note that the cash out might not affect shares in "street name":

"If consummated, the proposed transaction would apply directly only to record holders of the Company’s common stock.  Persons who hold shares of common stock in “street name” are encouraged to contact their bank, broker or other nominee for information on how the proposed transaction may affect any shares of the Company’s common stock held for their account."

 

 

Parker drilling initially said they were only paying out registered holders, and have now changed. But this seems quite a bit more specific that they aren't paying street name shareholders than the Parker filings were.

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...