Alaris Royalty Corp ALARF

Industrials Conglomerates

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

GREY:ALARF - Post by User

Alaris Royalty Corp > Sandbox

<< Previous

Bullboard Posts

Next >>

Comment by maypeterson Mar 05, 2020 2:58pm

142 Views

Post# 30771845

RE:RE:Sandbox

You would think that they do especially after helping them out for buying out the other senior lenders.

In theory - it would be possible that the owners can sell the companies for pennies on the dollar to a friend at arms length and get it back later on if AD has no say in it.

TickerTwit wrote: I imagine, as a minority (and preferred) shareholder, AD has little say about the sale if a majority voted in favour of it... unless the royalty agreement has a specific defence built in against undervalued buyouts. Should be an interesting call tomorrow.
.

maypeters wrote: Still no color from management as to why they were forced to accept this low offer. Getting 30 cents on the dollar looks like desperation to get rid of the asset more than anything else.

Sandbox did not seem to have a lot of issues.

Not good.