RE: Sell or Wait?7 Jan 2016 14:38
I think the offer price was based on the price of GVC and BPTY at that time. Both shares prices have risen since then.
Going on today's prices, for example if you owned a 1000 shares in BPTY.
Selling them today would give 1297 (1000 * 1.297)
On takeover your shares would effectively be worth around 1337.
250 in cash (0.25 * 1000) +
1087 in value from 231 shares in GVC at 470.54 (Based on 0.231 of GVC share per BPTY share).
Hope that helps.