RE:RE:RE:All major players wanted Redecan....vulcan123456789 wrote: Select55 wrote: Iam pretty sure they will either break or renegotiate terms bcasue currently redecan is set to lose 170 million in share value based on the 7;53 per share hexo offered
quebec4ever wrote: Why did Redecan pick Hexo even with higher offers? It's the million dollar question......this is (imho) the perfect match! Dont forget we dont need a Tabacco partner anymore redecan redees are #1 in Canada ...DYODD.
redecan already approved it.. in my mind as long as we vot to approve it we should see deal go through as is.. share price could have gone the other way and they would receive more value. its like buying a house. and having a six month close...house values could shoot up or down 25 percent but deal stands as it is..you cant ask for more.. unless you have seen the contract ..dont assume or dictate to the board that it will cost us more or deal would be off due to share price.. ..jmho cheers
Both companies are fully onboard with the acquistion of Redecan by HEXO, personally I could not vote YES in a bigger way unless the voting form was the size of a bullboard. The deal is as good as done. HEXO has done deals over the trailing SP in the past, expecting much the same this go around.
JMHO
Q