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A comment on Ask HN: What happened to Twitter poison pill?. Parent comment

Re:Ask HN: What happened to Twitter poison pill? by WalterBright on Monday April 25, 2022 @10:44PM (#31163427)
I had some stock long term in Tiffany. Last year, Tiffany was bought by some outfit, and I received cash for the stock. I found out about it by looking at the statement and wondering where that cash came from :-/

I have some TWTR, and I expect the same thing will happen.

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Re:Ask HN: What happened to Twitter poison pill? by mise_en_place on Tuesday April 26, 2022 @12:56AM (#31164067)
Similar thing happened to me when AMD acquired Xilinx. I got AMD stock and some cash. These types of transactions are usually automated, by an entity like DTCC I would guess.
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Re:Ask HN: What happened to Twitter poison pill? by saagarjha on Tuesday April 26, 2022 @05:01AM (#31165372)
Didn't XLNX turn into AMD directly at some fixed rate?
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Re:Ask HN: What happened to Twitter poison pill? by kgwgk on Tuesday April 26, 2022 @07:39AM (#31166218)
The exchange rate was not an integer. If you have to receive a fractional number of shares it’s rounded down and you get a cash payment for the rest.
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