Hello raynkaye,
The deal is done. The top 2 shareholders will vote for it as would STB and their partners because they want to get paid. Management supports the deal. Clearly management had to explain to the top two shareholders why this deal made sense. Just these top 2 shareholders plus STB and management are close to 50% of all shares. Most shareholders will support the deal because they want to make their money back. There will be a few trying to swim upstream like a salmon, but like a salmon, they too will see their opposition die off once they realise WUC is actually overpaying for BLR and WUC assets are of higher quality than 24,5% of Hanson Taylor.
Good night.
Cait
- Forums
- ASX - By Stock
- BLR
- This Is End Game. Azarga are Agreeing In Principle.
This Is End Game. Azarga are Agreeing In Principle., page-32
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)