(09-15-2016, 11:29 PM)Rasec Wrote: [ -> ]So I guess you've also received the 1854367 pages long prospect on the deal between P&G and Coty, we basically have a couple of weeks to tell them what we want to do with our P&G stocks.
I plan on keeping my small position on P&G as is, do I have to call them to tell them that? I honestly had no patience to go through the booklet and the online site doesn't say what we need to do.
http://news.pg.com/press-release/pg-corp...auty-brand
Anyone had more patience than me?
Any inputs/thoughts? I completely forgot to call my broker, will call them today for sure.
(09-21-2016, 09:33 AM)Rasec Wrote: [ -> ] (09-15-2016, 11:29 PM)Rasec Wrote: [ -> ]So I guess you've also received the 1854367 pages long prospect on the deal between P&G and Coty, we basically have a couple of weeks to tell them what we want to do with our P&G stocks.
I plan on keeping my small position on P&G as is, do I have to call them to tell them that? I honestly had no patience to go through the booklet and the online site doesn't say what we need to do.
http://news.pg.com/press-release/pg-corp...auty-brand
Anyone had more patience than me?
Any inputs/thoughts? I completely forgot to call my broker, will call them today for sure.
I called my brokerage, and they indicated that, only if I am changing from PG to the other ones, I needed to call them. Hope it helps.
Same here, called Merrill today and they said I only needed to call to indicate a transfer of shares to Coty. No call would equal no changes.
(09-22-2016, 12:21 AM)Rasec Wrote: [ -> ]Same here, called Merrill today and they said I only needed to call to indicate a transfer of shares to Coty. No call would equal no changes.
Yes, these things are usually opt-in, meaning nothing will happen unless you request it.