As alluded to in Newsletter No. 28, Jacobs offered CH2M shareholders $88.08 per share which had previously been valued at $50.69 on 28 April 2017. Shareholders were offered a choice of cash and/or Jacobs shares. Amazingly the demand for Jacobs shares was oversubscribed and allocations scaled back. All CH2M stockholders who elected to receive 100% cash consideration would receive 100% cash consideration.
Maybe.
The change of administration from Neidiger Tucker Bruner to Computershare (before and unrelated to Jacobs' takeover) was far from smooth. The latter may be described as the Registrars from Hell. Despite registering for an on line account with W-8BEN, bank details and having sold some CH2M shares in April, Computershare wrote in early December to say I didn't exist! Three phone calls to USA (cumulatively over one hour) were inconclusive, being transferred between departments, and emails from dummies gave answers to questions I didn't ask. Then yesterday a letter stated the 'check... was mailed December 15, 2017'. (The $ amount in the letter was wrong). Still waiting. No wire transfer obviously, even though they have or did have my bank details at one time.
It would be interesting to know if others have had similar difficulties?