I'm no corporate lawyer and wouldn't know if it was or wasn't illegal. What would you think is the reason for there being ~7.5% better deal by accepting the offer (6.925c equiv) versus selling on market (6.4c)? For weeks these prices had been tracking together (MIN/1300 = NWE +or -), but this week they have diverged. And the deal got worse this week, with no dividend post 28 Feb.
NWE Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held