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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > TGZ takeover
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Post by shootforthemoon on Jun 04, 2013 12:34pm

TGZ takeover

To the person saying OLE and TGZ will now go into negotiations. From the events that happened with another one of my stocks, Inmet, when the offer is made publicly the acquiror will go straight to the shareholders while continuing to negotiate with the target company.

 

If TGZ gets over 51% of which they already have 25%, then the deal is all but done and no need to get Chet on board. That is why they are asking for ppl to tender their shares to the offer.

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