Fushi Copperweld = Done Deal, Really this Time!
Fushi Copperweld, Inc. (Ticker: FSIN) is finally a done deal. The company just filed with the SEC to delist the shares. I anticipate that payment should come quickly. This was probably one of the easiest arb plays I’ve been involved in this year.
3 Comments:
From your experience, typically how long does it take for these types of transactions to complete (i.e. cash in the bank)
I would expect the cash to show up in your brokerage account within a week after closing.
The cash showed up in my account this morning. That was quick...
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