Fibrek Inc FBKZF

RE: Lock ups

[AIGswap]

I agree. File a complaint with the OSC: https://www.osc.gov.on.ca/en/Investors_questions-complaints_index.htm

The take-over bid was formally launched today. They obviously don't think Fairfax is a "related party" because there was no mention of an "insider bid", and therefor no protections for minority shareholders (such as indepedent valuation and majority of minority clause).

Hopefully FBK seeks to have the OSC to require the bid to conform to MI 61-101 and protect minority shareholders, in addition to forcing the hard lock-ups to soft, enabling a competitive sale process.