Take over deal30 Apr 2017 12:49
Deal=42.6 p and 0.861 new Tesco shares
Assuming I have 1000 brook share (£2per share)=2000
£0.426x1000=£426
1000x0.861= 861 of new Tesco share (£1.83 on Friday closing price) therefore £ 1,575.63
£1,575.63+£426=£2,001.63
Is this correct? Please tell me if I am wrong