OK - so the t/o bid makes sense.
They know they can't get to both 90% of all shares and 75% of those outstanding.
So they mop up as many as they can having declared the t/o and they finally have to sit down with you guys and negotiate fair value.
Maybe the minorities should be buying more?
Ann: Proposal By Zijin To Acquire 100% of the Company, page-32
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)