Background: If a company acquires another company, and I own shares in the latter, one of three scenarios can occur:
[ 1 ] The aquiring company purchases the bought company’s shares. Shares of the bought out company are replaced with the corresponding amount of cash.
[ 2 ] Stock-for-stock merge occurs — holders of shares of the takeover company will have that stock replaced with shares of the new company.
[ 3 ] Combination of the above two — shareholders receiving some cash and some stocks.
My question: has this ever happened on Trading212?
If so, how elegantly was it carried out?
If not, how does Trading212 plan on carrying this out?
Would it be wrong of me to assume that this is a matter which would be handled by your intermediary, IB?
A @Team212 response would be highly appreciated.
Gif unrelated, but it made me laugh when I first saw it.