Post by
Lazaros on Jan 28, 2021 7:56pm
Another buyout offer
From today's news release:
The Fund has also recently received a preliminary indication of interest from a third party to acquire all of the Fund's units under an all cash offer. No specific price was set out, but the indication of interest indicated that based on publicly available information, any offer would be at a price higher than SIR's proposal. There can be no assurance any offer will be forthcoming, or if forthcoming, completed.
www.newswire.ca/news-releases/independent-trustees-of-sir-fund-to-commence-strategic-process-advise-unitholders-to-take-no-action-on-mini-tender-at-this-time-818711977.html