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ALU/NOK offer
So I got 5 emails today reagrding the NOK/ALU offer and I need
to let my broker(s) know what I want to do. The curious thing is
that I am custodian of my kids accounts through Capital One and
there is no mention of any sort of fee, but from TD Ameritrade I
got the below. My question: What are "voluntary
reorganization instructions"? Does each account accrue a fee?
Is this always or only if I do not reply before the deadline?
All the legalese is gibberish to me.
"You are responsible for full compliance with the terms of the
offer. In the event of a discrepancy between these terms and
the offer material,the offer material prevails. TD Ameritrade
does not endorse or make anyrecommendations on corporate
actions. Your submission of instructionsthrough reorgaction.com attests that you
hold a net long position ofthe security in accordance with 17 CFR
240.14e-4. Funds must be available in your account in order
to process rights and warrants subscriptions. A$38.00
processing fee will apply to all voluntary reorganization
instructions."
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