Forced divestiture by TER isn't the most likely outcome of the court case.
More likely is TER being forced to make the same offer to all UNV holders. If TER can't afford that, they may abandon the bid.
(Then a third party may turn up with an all cash bid.)
Warning. I have zero legal expertise.
Ann: UNV: Commencement of Legal Proceedings, page-26
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20.0¢ |
Change
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Mkt cap ! $160.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $69.57K | 345.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 380648 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 117690 | 2 |
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