Host Europe takeover - accept?

Jul 13, 2004 2 Replies

I have just been informed that Host Europe has been bought by pipex (there goes my investement). The price that Pipex have offered is half of what I paid so I am going to lose out.



What are my options? Seeing that they have the majority of shares and have taken over the company, do I have to accept their cash offer for my shares? What happens if I do not accept? Do I lose my investment altogether?



What alternatives do I have?



Thanks for any help.


If the offer has become unconditional usually because 85% or more have accepted then they will probably decide to take the the rest compulsorily at the offer price. If so you can do nothing about it.

The following thread will give you a basic understanding

hth]

Daytona

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