• Corporate Event: Palm, Inc. (PALM) - Effective Friday, July 2, 2010

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 10-282
      • Notice Date
      • 01 July 2010
      • Effective Date
      • 02 July 2010

    • On June 25, 2010, Shareholders of Palm, Inc. (PALM) voted concerning the proposed merger

       with a subsidiary of Hewlett-Packard. The merger was approved and subsequently consummated

      before the open on July 1, 2010. As a result, each existing PALM Common Share will be

      converted into the right to receive $5.70 net cash per share.

       

      This action will be coordinated with the Options Clearing Corporation.

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

       

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