Morning all, great to see a positive night in the US, great for overnight holds from yesterday :)
I had a question I was hoping one of you might be able to help me with (not really D/T related but I reckon someone would know!) I was interested when a company has a takeover offer at a certain price, what happens if the company accepts that offer? Do you just get paid the value of your shares?
For example, APH at the moment has a takeover offer at 35 cents per share. Stock is currently trading at 30 cents per share. Assuming the deal goes ahead, if you bought at 30 cents today, and the deal was accepted, would you just get paid your number of shares held x 35cents at the record date?
