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Bullboard - Stock Discussion Forum Lakeview Hotel Investment Corp. V.LHR

Lakeview Hotel Investment Corp operates in the hospitality industry. The company carries out hotel operations, which includes room rental, food, and beverage as well as other incidental services. It owns and manages more than twenty properties as well as several in-hotel and independent restaurants across Canada.

TSXV:LHR - Post Discussion

View:
Post by riverrrow on Dec 15, 2021 9:33am

HALTED !!!

I don't remember ever seeing a company halted just because they're meeting to vote that day on a buyout or reorganization.  They have to get each of three different groups to agree to the buyout.  One group voting no probably scuttles the deal.  They would know from online voting how things are going to go.  Here's hoping for an improved offer for all to make the deal happen.  GLTA.
Comment by alkhor on Dec 15, 2021 12:48pm
It may also be halted because another superior offer has been received. There was no break fee from the original offer so any other offer can be considered. Of course I could just be dreaming.
Comment by riverrrow on Dec 15, 2021 1:44pm
The meeting/vote was supposed to be at 10 am Winnipeg time, so it should be well over by now.  No word that the vote was cancelled.  Speculation is fun!  GLTA.
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