I’m sure it’s a stupid question I just want to make sure I understand what’s going to happen to me correctly. I own 24 shares of WBD in Robinhood after T spun it off. If the merger goes through, will my shares be liquidated and I’ll have 744 in cash in my account, or will I end up with an equal amount of paramount shares or something like that?
WBD stock holder. What does this deal mean for me?
byu/Fever0 instocks
Posted by Fever0
3 Comments
They are buying the shares with cash
Their paying 31 per share as long as everything goes through. You will be cashed out as if you sold them at 31 per share.
I guess the market doesn’t think the deal will happen. Current price for WBD is ~28.21. There is still some arbitrage upside there