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  5. PKI: What happens to out of the money call and put options on PKI after the takeover? [Parkland Corporation]
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Q: What happens to out of the money call and put options on PKI after the takeover?
Asked by brent on July 29, 2025
5i Research Answer:

We have not been able to confirm this for PKI, but in prior cases when there is a new listing (Sunoco) options remain trading and are converted and priced pro-rata at the same conversion rate as the share exchange. 

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