OTCPK:GBGPF - Post by User
Comment by
thorgb1on Jan 17, 2018 12:57pm
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Post# 27378211
RE:RE:RE:RE:Senvest Tenders Letter Of Opposition To ACB Board
RE:RE:RE:RE:Senvest Tenders Letter Of Opposition To ACB BoardGreen2017 wrote: ACB said they were willing to adjust the offer a few days ago and then senvest sent a letter to basically state they would like more value, THIS IS OBVIOUS BUSINESS AS USUAL. In fact I see it as another 8% coming to ACB side once will give CMED share holders abit more value
Nice spin. They have voted those shares in favour of the HIP acquisition which locks in Friday at 10AM. ACB already said if the HIP deal proceeds they would pull their offer. Looks like it's probably over. HIP has already voted to accept the acquisition by CMED. Too late for a sweetened deal at this point.