Scientific gaming is to acquire bally and will will pay $83.30 in cash per Bally common share. The shares are currently trading at around $78 from previous days close of around $60. I am not in immediate need of money, so I am just holding on to my Bally shares and not selling them yet. Am I correct in assuming that if I don't sell my shares, I will be paid $83.3 when the deal is closed. If so will the shares be automatically encashed?