Zhongpin, Inc = Done Deal
Zhongpin, Inc. (Ticker: HOGS) announced today that shareholders approved the going private transaction and will receive $13.50 in cash. The vote was announced early this morning and the stock was promptly delisted prior to the market open. I have ~ 30% of my portfolio in Zhongpin and I expect the see the cash in my account by July 5th. My net gain will be 2.42% (annualized return of 22.42% assuming I receive the cash by July 5th).
Edit: The cash hit my account today (06/28). That was fast!