RE:The only reason this didn't closenoble13 wrote: Kherson, you moron. The only reason this didn't close was due to the protectionist policies of the FTC and the US government. Cormack or anyone else couldn't believe that they would take this stand. Get a life you litttle troll, go outside and get some sun on your face and leave your little Kherson world of hate and vitriol.
The so called Moron was the only one who called this failed merger correctly. Then again, the Moron wasn't being paid by Canexus to post, so his view of the situation was clear!
If you are correct Noble in your assessment on why the merger did not close, as I believe that you are wrong, then why is Doug demanding the $25 million termination fee from Superior?
I have said for about 6 months that this merger would not occur and I have been proven correct! As I have also said, the real fun is about to begin. Next week's C.C. should be exciting as Doug, if he is still around, will have to be more honest with the Market than he has previously been!
The real reason why this merger did not close was because the management of Canexus has destroyed the value of this company. The BV being Zero speaks volumes.
I still believe that Canexus will be seeking CCAA protection very soon since their financial covenants will now be tightening up.
Kherson