Not sure how you calculated 10%.
Did you take into account the cash disbursement?
I did my calculation based not on market cap but on share price. I converted my LVGO to TDOC according to the terms of the agreement and I came away with $159 as the value of the converted shares including the cash I’ll be receiving.
100 LVGO = 59.2 TDOC + $1,330 cash
59.2 TDOC @$249.42 = $14,765.66
Total 1,330 + 14,765.66 = $15,898.66
$15,898.66 = 100 LVGO @$158.99
LVGO close = $144.53
158.99 - 144.53 = 14.46
14.46 / 144.53 * 100 = 10%
Denny Schlesinger