Attention, those of you who own Riverbed Technology (RVBD): RVBD is being taken private by Thoma Bravo. The company has bought back its outstanding shares for a payout of $21 per share. As a result, we recommend you transmogrify your position in RVBD as soon as possible.
Please note: if you are able to maintain a profit on RVBD even after having your shares bought out at the offered price, it will not be necessary for you to transmogrify the position. You may simply sell the shares and close the position accordingly.
We’re here to help! Here is a link to the Transmogrification document that will tell you step-by-step what to do.
LattcoPRO clients: please give us a call after you have completed the sale of your RVBD shares, and have purchased your new position and sold options for it. There are some adjustments that we will need to make on the back-end so that your account properly reflects the transmogrification. Please also note that you will not need to complete steps #5 and #6 in the Transmogrification Document .
If you have any questions, please don’t hesitate to contact us at support@snideradvisors.com or 1-888-6-SNIDER. We’ll be happy to walk you through the process.
