GWR 1.20% 8.4¢ gwr group limited

wally only one post a day, page-36

  1. 2,356 Posts.
    $$$$$$,

    I have been reading the GWR/FAS posts with interest over the last couple of weeks.

    I point out here I have no shares in GWR or FAS.

    I did notice some dispute on whether FAS could keep the 25% acceptances from GWR shareholders if it dropped the condition of gaining 51%.

    My understanding of the law, and from a great deal of experience, is that if FAS drops the condition of gaining 51% then it must allow the GWR shareholders that have accepted the right to withdraw their acceptance.

    I know this is none of my business and hope things work out well for either/both companies, just wanted to clarify this issue.

    Regards, Tony.

 
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