SDL 0.00% 0.6¢ sundance resources limited

hi wescottwhat about this"3. ExclusivityUnder the SIA, Sundance...

  1. 77 Posts.
    hi wescott
    what about this
    "3. Exclusivity
    Under the SIA, Sundance has agreed to exclusivity arrangements until the earlier of termination of
    the SIA and the End Date. The exclusivity arrangements are standard for a transaction of this nature,
    and include a "no-shop", "no-talk" and "no due diligence" prohibition on Sundance (subject to
    customary fiduciary carve-outs).
    If Sundance receives a Competing Transaction it must provide notice to Hanlong, who shall have 3
    business days to match the Competing Transaction."

    hmmmm....they have left the door open for competing transaction...???
 
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