Q: RCPT (RECEPTOS) has an offer to purchase from Celgene (via Strix .. a subsidiary of Celgene).
RCPT is trading at $231.46 and the offer from Celgene is for $232.00 net to the holder in cash without interest (the offer price) and subject to any withholding taxes required by applicable law.
1 .. Is the offer a good one as some think it's very low?
2 .. How do I find out about the withholding taxes (as I understand sometimes there's a dividend that can take a big bite from profits)?
3 .. Would I do better just to hold the RCPT stock and sell it myself?
RCPT is trading at $231.46 and the offer from Celgene is for $232.00 net to the holder in cash without interest (the offer price) and subject to any withholding taxes required by applicable law.
1 .. Is the offer a good one as some think it's very low?
2 .. How do I find out about the withholding taxes (as I understand sometimes there's a dividend that can take a big bite from profits)?
3 .. Would I do better just to hold the RCPT stock and sell it myself?