TSX:HSE.PR.B - Post by User
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Olympicon Oct 09, 2018 11:19am
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Post# 28766152
MEG's Special Committee
MEG's Special CommitteeAccording to MEG's Sept 30th press release ... the BOD set up a Special Committee of independant directors and retained BMO and Bennett Jones as advisors. They also advise the Kingsdale will be acting as their 'information agent'.
What role does an information agent play in the M&A world? Is this essentially the custodian for the data room ... and/or their agent for soliciting a White Knight?
What is a reasonable around time for a committee/advisors to review an offer, and advise their shareholders?