In answer to your questions.1. The takeover is not guaranteed as...

In answer to your questions.

1. The takeover is not guaranteed as it must be approved by the regulator & the shareholders. It is unlikely that the regulators will stop this from going ahead. In my opinion the takeover will become official.

2. Yes, if the takeover becomes official, shareholders will receive the $1.15 paid to them for their shares. I believe you will receive the money in the same way you would receive a dividend payment. That is to the bank account information held by your broker or the share registry.

Hope this answers your questions.