Q: I have owned Savanna Energy Services (SVY) for several years. There are two takeover offers for this stock. The three choices I have for my stock are:
a) tender my shares to Western Energy (.85 shares of Western and $.21 cash offered per SVY share).
b) tender my shares to Total Energy (.13 shares of Total and $.20 cash offered per SVY share).
c) do not tender my shares
In your opinion, what is the best choice.
a) tender my shares to Western Energy (.85 shares of Western and $.21 cash offered per SVY share).
b) tender my shares to Total Energy (.13 shares of Total and $.20 cash offered per SVY share).
c) do not tender my shares
In your opinion, what is the best choice.