That was always part of the original offer. See the following quote from original offer: 'The cash consideration price will be reduced by the value of any dividends or other distributions declared, proposed or paid after date of the offer letter'.
Ann: Update on BGH Capital Acquisition Proposal, page-3
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$4.47 |
Change
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Mkt cap ! $909.6M | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.55 | $4.38 | $1.676M | 374.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 851 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.47 | 128 | 1 |
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