BBI 0.00% $3.98 babcock & brown infrastructure group

bbi management fees and bbipl liquidation, page-31

  1. 45 Posts.
    I just came accross this audio of Hamill from 20 Oct 2008.

    In it he basically says BBI can terminate the management agreement by a shareholder vote. An "overwelming majority" required whatever that means. It will be interesting to see how the termination plays out.

    The bit I refer to is at about 10 minutes.

    http://www.brr.com.au/event/52364/partner/theaustralian

    Cheers.
 
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