jeanigor
DIS Veteran
- Joined
- Feb 4, 2008
It is providing an indirect way to the Disney infographic about the tender offer, which officially begins tomorrow (11-May).
https://eurodisney-opa.com/en/
https://eurodisney-opa.com/en/
How do I know what form they're in?
What will happen if I do nothing (not selling my shares)?
What if I don’t accept The Walt Disney Company’s tender offer?
- You will retain your shares. If The Walt Disney Company reaches the threshold enabling a mandatory buy-out, you will be required to transfer your shares for €2.00 per share.
- The Walt Disney Company does not reach the threshold permitting it to implement a mandatory buy-out, you will retain your shares.
- In any case the recapitalization of up to €1.5 billion is essential for the Euro Disney Group.
- However, simply proceeding with it through a share capital increase would have required that shareholders either pay their pro-rata share of the equity contribution of up to €1.5 billion or experience substantial dilution of their shares
There's an old English proverb ..... When in doubt do nowtSo.....sell now or wait?
Is there a down side to going the semi-centralized route? If I choose to go that route, contacting my brokerage would be the best/easiest way of accomplishing this?
So.....sell now or wait?
So just to clarify, I will still have membership up to 10yrs even if I sell my shares now?
Per the FAQ section and statements made earlier this year, yes.
https://eurodisney-opa.com/en/faq/#...l-i-still-have-access-to-membership-discounts
Thanks, will probably sell mine in the next couple of weeks as it will most likely come to be mandatory soon anyway
But just remember what shareholders have been promised might not materialise. They can close down the shareholders club at any time.