SKE 0.00% $1.64 skilled group limited

Ann: Skilled Group to be acquired by Programmed, page-26

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  1. 1 Posts.
    I'm new at this, so please excuse my ignorance, but how do existing SKE share holders sell Programmed shares that haven't been issued yet? I am assuming that when the deal goes through we get Programmed shares in lew of our Skilled shares then.

    Can anyone recommend a source of information on this type of merger that beginners can understand?

    Thanks
 
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