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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: JohnyP who wrote (71236)9/30/2022 11:22:13 AM
From: Paul Senior  Read Replies (1) | Respond to of 78656
 
OIIM. Still a very good bet, I'll guess. Buyout at $5/sh vs. $4.18 now.

Now I am in!



To: JohnyP who wrote (71236)9/30/2022 12:28:12 PM
From: Elroy  Respond to of 78656
 
Sleeping In Seattle!

O2Micro Enters into Definitive Agreement for “Going Private” Transaction

finance.yahoo.com

Pursuant to the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each American Depository Share of the Company (each, an “ADS”), representing fifty (50) ordinary shares of the Company, par value US$0.00002 each (the “Shares”), issued and outstanding immediately prior to the Effective Time, other than ADSs representing the Excluded Shares (as defined in the Merger Agreement), together with the Shares represented by such ADSs, will be cancelled and cease to exist in exchange for the right to receive US$5.00 in cash per ADS


So we get $5.00 per share in Q1. Works for me.


Hmmmm, there’s no mention of a penalty amount if either party backs out of the deal. I wonder if the buyers “change their mind”, what happens?