Tag Archives: Nick Heymann

GE Sets Ratio For Synchrony Exchange Offer At 1.0505, Deadline To Elect Is Monday Night, November 16

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Last night, GE(GE) set the final ratio for its exchange offer at 1.0505 shares of Synchrony(SYF) common stock for each share of GE tendered. At GE’s closing price on Thursday of $30.16 and Synchrony’s close of $30.79, this represents $32.34 worth of Synchrony stock, or a premium of 7.2%.  GE shareholders have until midnight, Monday night, November 16… Read More »

Willaim Blair’s Nick Heymann Thinks GE Shareholders Should Pass On Synchrony Financial Exchange Offer

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The question of whether to exchange their GE(GE) stock to receive Synchrony Financial(SYF) at a 7% discount is a question weighing heavily on the minds of many GE shareholders.  One investor decided to Ask Matt what to do. Who is Matt? Apparently, Matt is “USA TODAY markets reporter Matt Krantz [who] answers a different reader question every weekday.”… Read More »