Merlin Entertainments Share Price (MERL)

Strange enough, this weeks's Investor Cronical mentions the offer price as 4.60???

I noticed that some investors are still buying Merlin shares. It is difficult to understand why they do so, in view of the fact that takeover price is £4.55 against the current SP £453.30. After paying stamp duty and brokerage there is nothing left to write home about

The Acquisition is currently expected to complete during the fourth quarter of 2019, subject to receipt of the relevant competition clearances and regulatory approvals. An expected timetable of key events relating to the Acquisition will be provided in the Scheme Document.

THE PAYMENT DATE WILL BE WITHIN THE SCHEME DOCUMENT IF YOU FIND IT - IN THE MASSES OF RNS'S

Does anyone have any idea when we’ll get paid for takeover? My initial reading was not until Q4 at earliest - in which case I think I’ll sell now, considering no divi and the money could be used elsewhere...

(Alliance News) - Merlin Entertainments PLC on Tuesday said its acquisition by Motion Acquisition Ltd has been approved by shareholders.

Motion Acquisition is a newly formed company created by joint offerers KIRKBI Invest AS - Lego's founding family - and funds advised by Blackstone Core Equity Advisors LLC and Canada Pension Plan Investment Board.

The necessary number of independent shareholders voted in favour of the deal at the court meeting and the required majority of Merlin shareholders approved the special resolution to implement the court-sanctioned scheme of arrangement.

The deal values merlin shares at 455 pence each, paid in cash, and its equity at GBP4.77 billion for a GBP5.91 billion implied enterprise value.