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Author:

Jam ok

Subject:

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Date:

12/03/15 at 3:44 PM CST

 

 

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OT - ALU brokerage decision

OT - ALU - Just wanted to chime in that it appears all brokerages are now requiring clients to make a decision on their ALU shares by dec. 18th. I called my brokerage and they were nonchalant a couple of days ago, saying no such thing was required, and now, voila, I've got an ALL CAPS notice that 'action is required'. I *think* it was Jester who proposed that if you don't call and agree, there'll be something that is likely equal to if you did, e.g., you get an equivalent in $, or whatever NOK decides to offer those who are 'holding out' (or really, I should probably say foisting on, rather than offering - my brokerage says it may well not be a voluntary exchange for your shares.)

Easiest thing seems, as is old news, accept the .55/shares offer, and leave no uncertainty.

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