Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0


I just got a notice in the mail from the broker which states in part:

First Amsterdam Financial Services has announced an offer to purchase up to 15,000 shares of Reality Inocme Corporation ( ticker: O). The expiration date for this offer is September 28, 20001.

The terms of the offer are as follows. Participants will receive $21.15 cash per share, less any transfer fee charged by the transfer agent, a $60.00 administrative fee, and any distributions paid on or after August 3, 2001. ............


(deadline for the offer is September 25, 2001 and the fee for participating in the offer is quoted as $25.oo)

Okay, I don't get it. the stock is currently trading over $28.
Any comments would be appreciated. Thanks ~j
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement