Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

A Judicial Review Will Decide The Fate For Minority Shareholders Being Squeezed Out Of Comdirect By Commerzbank [Seeking Alpha]

Interactive Brokers Group, Inc. - Class A (IBKR) 
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.interactivebrokers.com
Company Research Source: Seeking Alpha
SummaryThe squeeze-out is a special situation with an uncorrelated risk-return profile.Downside is the offered €12.75 cash compensation for minority shareholders.Upside will depend an a judicial review of the appropriateness of the €12.75 cash compensation.Comdirect shares are traded on German stock exchanges.Average volumeThis article will focus on the special situation. Majority shareholder Commerzbank (OTCPK:CRZBFOn March 16, 2020 the cash compensation wasannouncedmade the formal requestCommerzbank has the necessary majority of shares with90.29%Commerzbank already has paid experts to provide an opinion, which is included in the Germantransfer reportp.192Downside protectionI think €12.75 is the downside. In theory, Commerzbank could cancel the squeeze-out and comdirect’s share price could fall. That however is unlikely.Commerzbank did alreadyfailsourceSource: Author’s calculation,dataIt makes no sense for Commerzbank not to go through with the merger. The CEO didUpside is uncertainW Show less Read more
Impact Snapshot
Event Time:
IBKR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for IBKR alerts
Opt-in for
IBKR alerts

from News Quantified
Opt-in for
IBKR alerts

from News Quantified