Post by
Countrygent on Nov 06, 2022 9:45pm
Not Good Enough
Just punting the peanut down the road doesn't solve the two-tier unfairness, and the imbalance in requiring small shareholders to dissent in order to achieve what the regulatory environment is supposed to require in the original offer - similar treatment of all holders of shares of the same class to participate in the same offer for their shares.
But it's a start. We are still stuck in sleaze mud up to our necks. Why should I have to dissentbto ensure Rio makes a lawful offer under takeover laws?
As Charles Bronson would say, "It ain't gonna happen, no dice."
cg