They are merging with Schwab and M.Stanley .... Lets say if i have bought E*trade stock 100 shares ....will TDA and E*trade stock disappears? and what happens to my shares ? Thanks
%% Cant really predict it; mostly they pay a premium/but not always..........................................
Three conservatives responded to you and couldn’t be bothered to give you a proper answer. Both merger are stock transactions. If you own 100 shares of E*TRADE, you will get about 105 share of Morgan Stanley.
Most of these deal are dealt with you getting the equivalent of shares of the new parent company. You can also stick it out for a squeeze out when you think synergies won't come through