Is there anything actually illegal about buying shares in a company you are about to offer finance to, knowing your offer will make the price go up?
I dont actually think there is.
Morally maybe, but not legally.
Its not insider trading - if Gary bought shares knowing he was negotiating finance that would be insider trading.
But he didnt as far as Im aware, and I dont see any legal issues for Roland/Super Alliance buying shares in PDY pre-deal.
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- doesnt make sense
doesnt make sense, page-2
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