yes, that what MEUs bidding statement said, no need for a vote...

yes, that what MEUs bidding statement said, no need for a vote from either shareholders.
I think the sale must be ratify by SH after that. So can sell of without voting or buy without vote. AGM often have Shareholder signoff on transactions.
If i were a director I would be courteous to SH and ask for their approval via a special meeting vote.. particularlyas TYX has such a low cap and a deal like this would increase TYX market value byabout 39% - not like a billon dollar company where 3 mil is a weekly afternoontea.. i suppose it might have to do with how the companies constitution is set up too, as to the amount they can buy and sell.

courteous to share holderwas more what I was trying to say