Sunday, March 22, 2009

Roche vs Genetech - An Agreement is Reached

I got my latest black plastic encased mail from Sharebuilder. I've started looking forward to them. This one tells me that they actually have reached an agreement. The letter is from Genetech and not Roche and the offer is for $95/share and they recommend I take it. Given that the current value is around $81 that's probably a good idea.

So the Genetech board suggests "tendering" the shares. And what happens if I don't? Pretty much the exact same thing if I did though I would be "paid" later.

Ok fine, I'll tender my glorious 1.5 shares. But just trying to follow instructions is proving to be a challenge as the site isn't responding.

I enter the site and enter my control number and it says that the site isn't working please try again later (I've tried at 2 different times). Oh and when does this offer expire? In 3 days. Thanks guys for yanking me around. You ask me to do something, say it's urgent, and then things don't work. I do believe the proper response is sod off.

I will try one more time on Monday then will just let them do whatever they are going to do. I did send Sharebuilder email about it though have not heard back

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