Thank you for giving me the opportunity to assist you today.
I show DLIA tender offer went mandatory on 9-17-03 for .928 cents per share. At
this time, a payment date has not been determined by the agent for DLIA. Once
Ameritrade receives the cash, we will update all accounts affected. Typically,
it can take up to one month to cash out shareholders after an offer goes
mandatory.
$20 Mandatory Reorganization fees are charged when there is a reverse stock
split, a mandatory cash merger, and on some types of share exchanges where
stockholders have no choice in the reorganization (it is mandated by the issuer
for all outstanding shares). An example would be company mergers or
acquisitions. Where these actions are not open market transactions, they will
require Ameritrade to re-register the affected stock under a new CUSIP via
manual entries on your account. This fee is charged to cover the cost to
Ameritrade to re-register the stock and to facilitate the reorganization in your
account. This fee is not built into the commission structure.
This fee is listed on the Fee Schedule in the Trading Account Handbook under the
heading "Reorganization Items."
If you have further concerns or inquiries, please e-mail us from our secure Web
site's "E-mail Us" link. For security reasons, we do not answer account
specific questions that originate from a source other than the secure Web site.
Sincerely,
Joy Busse
Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.