OTCPK:NWKRF - Post by User
Comment by
MisterMontrealon Mar 13, 2019 10:11am
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Post# 29478058
RE:Voting NO
RE:Voting NOJust a random question... I had shares in both HEXO and HIP.
You are talking about the "PREMIUM",
But I don't think management of either company would do anything to lose money... so maybe, after careful analysis of the situation by people on both sides of the deal, they did the calculations, and figure that the eventual PREMIUM it will be possible to obtain will be more by joining HEXO now at this price point than by waiting for another offer which may not give as many strategic advantages for both companies.
I'm trying to think of this in terms of a merger more than a buyout. HEXO has more than $250 million in cash available right now. They could have offered a cash deal. The fact that they offered shares tells me they want to work with HIP and not just buy them out.