RE:RE:RE:Pedanios bought out by AuroraRogerLinn wrote: MJN is not out at all. They have a deal with Pedanios. And if you remember a post from a few days, our CEO said he sold all his grams to another LP. So I guess it was ACB for Pedanios. All in all, I'm quite sure it's a great news for us.
rooo wrote: So does this bode Negative or Positive for MJN's relationship with Pedanios ?? ACB in MJN out ??
Cheeers Rooo
Yep very good news for MJN... The agreement will be honored: "All Pedanios' existing supply contracts will remain in place."
No wonder why gain 7% just after the news... Don't be surprised if it gaps up on Monday.