RE:Registration Rights Agreement - the RRA
great find Puma.. This makes things bit more interesting. I don't think minority sale benefits restricted holders and even that happened it would be off market via auction that's why we heard rumours of bidders then. So I am thinking that Cinven may have requested the strategic alternatives to sale all of their stake at once. I don't see how they could sale without a loss on open market or auction. As I mentioned before DKAM's guy on BNN said that MT was asked to do something after dismal share price performance. For some reason BNN removed that interview from website.. After yesterday and today MT will have more pressure from stakeholders, this will be hard and long recovery although company may execute perfectly next six months.. Probably Cinven and other stakeholders looking for quick return and move on to next chapter. I see MT taking a nice fat cheque and start another Pharma company may be.. Why not.. Look at Knight Ceo after selling Palladin.. Concordia was a very successful IPO until last October sadly.. Clinton and acquisition of Amco and short manipulation just destroyed market cap.. Your timing makes perfect sense to me.. I really hope they come out with some sort of clarity on Monday. What if KKR increased its stake to 10% yesterday or past quarter.. It's just another 2.5M and could be done easily giving volume past 2 weeks.. so far they no right to say anything but would be interesting.. They have to file immediately if they have more than 10% though so we shall see.. CB