OXR oxiana limited

oxiana top of self funding resources takeovers, page-27

  1. 5,227 Posts.
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    Fzanc,
    Thanks for that. In reading that page and esp points h, i, j and k, it would appear that there are multiple reasons to break the deal, either by
    a) OXR directors changing their minds with a t/o bid lobbed in from someone else (item h)
    b) ZFX if a takeover of OXR gains 50% of OXR shares,
    (item i) (unlikely to happen - too short a time frame)
    c) ZFX if a takeover of OXR is proposed that ignores ZFX (item j)

    What is the difference between a "Mutually Exclusive Competing Proposal" and a "Competing Proposal" (items j and k)? When I read it in context, I cannot seem to find a difference.
 
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Currently unlisted public company.

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