I own shares in LVGO and they just announced a merger with TDOC. Each LVGO share will become 0.592 TDOC shares and $11.33 cash. Will this just automatically happen in my portfolio? Ref: https://www.marketwatch.com/story/teladoc-and-livongo-health-to-merge-in-deal-valued-at-185-billion-2020-08-05?…

Interesting 0.592 TDOC shares. I’ll love to see a response from T212. I only experienced ACB reverse merger, when T212 didn’t account fraction shares and worst was they sold my entire ACB holdings and repurchased the stock back at higher price and my free money was used to topup purchase. Crazy th…

Thanks for that info. That doesn’t bode well.

When VTIQ acquired NKLA, the switch to NKLA was automatic on T212.

I think that was more because the stock ticker changed from VTIQ to NKLA.

With the Just Eat- Takeaway.com merger, the money of the shares is simply unlocked into your free funds, and the profit is added to your account, or the loss is deducted

Yes that was via an acquisition if I recall correctly.

Hi @kaizoku7 , Please see the thread below: [image] LVGO to merge with TDOC ⚖ Active trading The acquisition is expected to be completed by the end of November. Once it’s completed - owners of LVGO on our platform will receive the cash equivalent of the owed 0.592 shares o…

Hi Peter. The merger has completed and the ticker LVGO has ceased trading. When will the liquidation occur and reflect in our cash balance?

Seems the merger may give me a loss. Current own 6 Livongo stock bought at $120 each current price is $140 which is about $120 profit. As far as I get it the merger will (0.592x Teladoc opening price $215.99) =(127.86+11.34)=139.19, so I make a loss

How does Trading212 handle mergers?

💬 Trading 212 chat

PeterA August 5, 2020, 12:49pm 8

Hi @kaizoku7,

Please see the thread below:

Topic		Replies	Views
LVGO to merge with TDOC ⚖ Active trading	18	1363	August 12, 2020
LVGO-TDOC Meger 📊 Investing	2	428	October 31, 2020
Livongo/Teladoc Merger 📬 Stocks & ETFs requests	40	2610	November 9, 2020
LVGO/TDOC Merger problem 🤝 Help	3	353	November 7, 2020
Integumen - merger, consolidation, ticker - ✅ Completed 🤝 Help	4	631	October 6, 2020

How does Trading212 handle mergers?

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