FAR 1.98% 49.5¢ far limited

Ann: Financing Update, page-287

  1. 14,068 Posts.
    lightbulb Created with Sketch. 703
    The seller of what - shares in the holding company? It was a change of control. The holding company still holds. FAR can PE the working interest off the holding company, job done. The notion of a 2nd PE event is needlessly complex unless FAR only will take the holding company and dont care for purchasing the working interest which is very strange behaviour.....IMO
 
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