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Peoples Bancorp (PFDC) Going Private
Peoples Bancorp (PFDC) is considering a 760-1 reverse split with fractional shares paid-out at $16.75/share. PFDC is currently trading at $14.84/share. HOWEVER - this will only be at the record level - shares in street name will not be cashed out. In order for this to work you would need to become a shareholder of record (request your shares from your broker - extra fees). For me this is not worth the trouble as we are only looking at a 10% gain. I’ll hold my money for a better arbitrage play. PFDC’s Schedule 13
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RyanHegs
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ryanhegs - Investing, Business, Marketing, TechnologyInterests: arbitrage investing, stock market, technology
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