Help me understand the AVGO / VMWare deal
Under the deal terms, shareholders could choose to receive either $142.50 in cash or 0.252 shares of Broadcom stock for each VMware share.
I have questions here. Does this mean one can buy 20 shares of VMW @ $142.50 for $2850 and receive 5 shares of AVGO @ $978 , or $4890 ?
Would one have had to do that last week? As in if I buy shares tomorrow to play this arbitrage would the previous shareholder get to decide because of the 3 day settlement? $Broadcom(AVGO.US$ $威睿(VMW.US$
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paperhands101 : if you buy in now, you will be paid 142.50 per share in cash only. unfortunately, no arbitrage here
dlkseng paperhands101: it will be like Tesla, will crash after that
Silverbat : Theory of "Shell"
yefternOP Silverbat: high level
yefternOP paperhands101: Let's all look forward to the delivery session.
yefternOP yefternOP: Let's all look forward to the delivery session.