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Old 09-02-2015, 10:28 PM   #3439
stam
Arch-Supremacy Member
 
Join Date: Jan 2000
Posts: 17,751
Dunno why this thread isn't a sticky yet.

Anyway,
Dear all, just to inform any MCD shareholder, I received a letter from SCB with regards to a tender offer from TRC Capital Corp offering to purchase my shares at $86.80USD per share, I dunno if it's a joke but it's horribly under market price, and why would anyone accept this offer? MCD afaik has not hit $86 since 2012...



This letter looks just like any other Dividends option letter so be careful when you receive letter that looks like the regular dividend options, taking cash may not be just that and SCB people won't know what is going on sometimes. Don't assume all dividends letter are just that, some are shares purchase letter from other corp trying to get your shares for cash below market price.
this is a take-over bid or they just trying to buy from existing shareholders?
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