• Corporate Events: Pharmaceutical HOLDRS Trust (PPH)

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 09-82
      • Notice Date
      • 03 March 2009
      • Effective Date
      • 03 March 2009
    • On February 26, 2009, Advanced Medical Optics Inc. (“EYE”), a component of the Pharmaceutical HOLDRS Trust (“PPH”), merged with Abbott Laboratories and each EYE share was converted into $22.00 in cash. As a result, the merger consideration of the EYE Common Share component of Pharmaceutical HOLDRS Trust (“PPH”) will be distributed to PPH Shareholders. The distribution ratio is $4.8888 per 100 share round lot of PPH HOLDRS. The record date is March 6, 2009. Mail date is to be determined. The NYSE Arca Exchange has set March 4, 2009, as the ex-distribution date for this distribution.

      This action will be coordinated with the Options Clearing Corporation.

      If you have any questions regarding the information provided in the document, please call CME Clearing risk management hotline at (312) 648-3888.


      For the full-text of this advisory, please click here.