On October 15, 2009, Wyeth (“WYE”), a component of the Pharmaceutical HOLDRS Trust (“PPH”), merged with Pfizer Inc. and each WYE share was converted into .985 PFE Common Shares and $33.00 in cash. As a result, the cash portion of the merger consideration allocated to the WYE Common Share component of Pharmaceutical HOLDRS Trust (“PPH”) will be distributed to PPH Shareholders. The distribution ratio is $396.00 per 100 share round lot of PPH HOLDRS. The record date is October 23, 2009. Mail date is to be determined. The NYSE Arca Exchange has set October 21, 2009, as the ex-distribution date for this distribution.
This corporate event will be coordinated with the Options Clearing Corporation.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.