OTCPK:MGMXD - Post by User
Post by
twoblueon Nov 13, 2017 4:08pm
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Post# 26954274
Conditions of Sale
Conditions of SaleFrom AXY press release:
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TRANSACTION DETAILS
Under the terms of the Arrangement Agreement, Innergex is offering to acquire all of the issued and outstanding Alterra Common Shares by way of a plan of arrangement. Alterra shareholders will receive, at the election of each such shareholder, either (i) $8.25 in cash or (ii) 0.5563 Innergex Common Shares for ...........
Am I wrong in assuming that upon a successful completion of this deal with Innergex, one of our options is to take $8.25 in cash for each share we own? At todays price that would mean about $0.60 per share increase. Is buying more shares here a good idea or not???