• John D.

    In the above APC-OXY merger, what happened to an investor with call options. I currently have call options for Nokia. There are rumors that they are a possible takeover target. Current NOK price 3.50. What would happen to call options if, for example, they were offered $7.00? I have a $5.00 strike on 7.17.20. Following your example in the APC-OXY merger, would I have just sold to close call options on 4.24.19 when OXY made their competing offer?

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