Crosshair22ās right. Only you can know the answer to that.
Some caution is needed with much fevered speculation at the moment. Thereās hype ā and hope ā about a possible 300p offer from Amazon but I personally canāt see how this would suit Amazon. It currently has all the benefits and none of the headache of operating a major food retailer. Andy Jassy replacing Jeff Bezos may also signal some change in direction.
Thanks. I was thinking that might be the case but couldnāt find any info of what would happen. Does this mean I will loose the shares automatically and have the cash?
Your decision to buy more shares should really be seen as your belief that further offers will be made and accepted by the board.
Buy more If you think CD&R will come with a revised offer or Amazon will make a bid.
This stock now has a floor established by the fortress offer. Youāll be looking at a much smaller gain (%) that youāre sitting on but could make more actual money (Ā£).
Yes this is a private equity buy out, Morrisons would be delisted form the stock exchange and shareholders paid what ever the agreed price was for the shares that they own
If the deal falls through youāll waste all the gains now though. I always sell once the price has reached the offer price in an acquisition or merger case.
Itās messed up beyond belief that theyāll get paid this much for selling out the company, its staff, suppliers and customers for a quick buck. Surely all the staff throughout the organisation deserve an equal cut?