OTCPK:ICPVF - Post by User
Comment by
TVRon Jul 12, 2021 10:54pm
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Post# 33534357
RE:RE:RE:IPL version
RE:RE:RE:IPL version
To clarify, this is not a vote. For Brookfield to win they need 55% of non-controlled shares tendered to their offer.
Nobody knows, other than Brookfield and the trustee managing the share tender process, how many shares have been tendered to Brookfield so far. My guess is a lot of the large institutional shareholders have not tendered yet, but are sitting on the fence waiting to see how this plays out and whether any of the offers are improved.
The ball is now in Brookfield's court to enhance their offer or walk away.