PGH pact group holdings ltd

Ann: TOV: PGH - Panel Declines to Conduct Proceedings, page-7

  1. Giz
    1,240 Posts.
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    No, I think legally if RG were to acquire say all of TIC holdings at say for the argument $2 per share it would tip him over the 90% and would be required to pay the remaining shareholders the same amount, this would become the minimum price unless a court finds a higher fair value upon objection.
    Im not a lawyer so there could be variations to my observations but I believe this to be the outcome.
    Very disappointing outcome from the TOP!
 
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