Readers digest version:
you could sell your "right" (or entitlement for $5.50 or whatever market depth is at time) via your trading platform etc.
Or you can exercise your right to buy and buy more at $41.85 (but they are worth more hence the $5.50 right value).
If you do nothing they will sell the rights on your behalf and credit you with whatever it's worth.
It's a very simplistic version but close enough for purposes of telling you what's going on.
Ann: Successful completion of Institutional Entitlement Offer, page-53
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Last
$58.60 |
Change
0.140(0.24%) |
Mkt cap ! $36.88B | |||
| Open | High | Low | Value | Volume |
| $58.31 | $58.63 | $58.10 | $44.12M | 754.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42 | $58.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $58.60 | 763 | 1 |
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