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02/06/22
18:56
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Originally posted by DollarManWon:
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I've been away to return to see BGH has since sharpened their pencil. Yesterday's ann. includes "The BGH Bidders have stated that it is their intention to proceed to compulsory acquisition of the remaining Virtus Shares if they are entitled to do so,1 in which case you would receive the same consideration for your Virtus Shares as you would get if you accepted the BGH Offer, although you will receive the consideration at a later point in time." So, if I do nothing (until 12 June, even tho reccd to accept by directors, will I get exactly as all others should it go through and BGH mop up the stragglers? Small chance, but if CapVest ride back over the horizon not accepting now would free me up to take the better offer wouldn't it?
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I'm annoyed. I did as board instructed and accepted CapVest and 2 days later they change their mind. my holding is now stuck with CapVest - can't be revoked and can't be released. Not ideal.