JAB Holding to acquire Dr Pepper Snapple for $18.7bn
If you hold Dr Pepper Snapple shares you may well have heard that the company is to be acquired by consumer group JAB Holding with the intensions of combining it with Keurig Green Mountain to create a US beverage giant.
Upon takeover JAB will be paying a special cash dividend of $103.75 per share to all Dr Pepper Snapple shareowners whilst merging the Keurig Green Mountain business into it, creating the new name of Keurig Dr Pepper.
If you hold Dr Pepper Snapple shares you will be receiving communications from the Transfer agent advising of the deal if you haven’t already, news of the takeover released in January of 2018 has already pushed the share price above the $100 a share mark with investors trying to calculate the potential value of a new Keurig Dr Pepper company.
If you decide that you do not wish to hold shares in the newly created company and you wish to Transfer or Sell your stock it is likely you will be required to obtain a Medallion Signature Guarantee Stamp on the transfer or sale form to be submitted to the Transfer agent, at IWC we can provide this Medallion Guarantee Stamp and we also offer full transfer or transfer and sale services to complete a transaction smoothly on your behalf.
If you obtain a Medallion Guarantee stamp through us you can obtain a Medallion Stamp on the Transfer or sale form almost immediately assuming that all paperwork/compliance requirements are met, once issued you then have the documents to send to the Transfer agent and have the transaction processed in a matter of days.
Or alternatively here at IWC we offer a full service where you can instruct us to deal with the Medallion Guarantee stamp and the full Transfer or Transfer and Sale of North American stock, we create all the paperwork in one go and forward to you for signing, once signed and returned with the appropriate ID documents for the Medallion Guarantee Stamp process we can then deal with the transfer or transfer and sale normally within 1-2 weeks depending on the processing time of the transfer agent.