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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Question on price
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Post by Yellowbanks on Jul 31, 2013 7:10pm

Question on price

I've got a question on this MTSB offer. If MTSB felt theirs was a fair offer price ($1.16) then why the provision of "right of first refusal" in the event of a counter offer and the penalties incurred should MDG back out of the transaction? To me that sounds like someone prepared to offer more if it came down to  it. I'm also inclined to believe something is rotten in the state of Denmark.

Any thoughts?
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