Attention, those of you who own Air Methods Corporation (AIRM): the tender offer for AIRM by American Securities, LLC has been completed as of 4/21/2017. The offer was executed at a price of $43.00 per share.
If you have not yet sold your shares of AIRM, please note that the shares will be removed from your account in the coming 1-2 weeks, and the account credited with cash equal to the number of shares you owned in the position multiplied by $43.00. For example, if you owned 100 shares of AIRM, you will be credited with $4,300 to your account.
You will need to refrain from taking any action on AIRM in regards to transmogrifying the position until you are credited with the cash from the tender offer. When this occurs, you may transmogrify the position at your earliest convenience. Please see our earlier post on AIRM for details on how to transmogrify it.
Please note: If your average cost for AIRM was at or below $43.00 per share, there is no need to transmogrify. Once the shares are removed from your account, you may receive an Activity Analyzer error that needs to be corrected. Please let us know if this is the case, and we will adjust the account accordingly.