I am thoroughly confused by spin-offs. Scottrade sent me the following concerning my Kraft stocks (I only own 20 shares): RE:stock symbol KFT (expires 08/o1/08):The above-listed stock is part of a non-mandatory reorganization, or tender offer which requires your timely attention. If you decide to participate in this offer a $25 fee will be charged to your account. These shares must then remain in your account until the reorg/tender takes place. I know that Kraft is spinning off their Post cereals. Could someone, please advice me as to what action I might take that would be most beneficial to my account. Such as: sell the shares, take the offer, et cetera.Thanks so much.Bill
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates,