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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Energy Oil & Gas E&P
Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Charles Taylor Group Plc > 0.03
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Comment by Sleddawg63on Sep 26, 2018 10:05pm
165 Views
Post# 28698000

RE:RE:RE:RE:0.03

RE:RE:RE:RE:0.03I am certainly not a business lawyer, but this is what the news release said.

The Board of Directors of Prairie Provident and Marquee have both unanimously approved the Acquisition and have received verbal fairness opinions from their respective financial advisors, Cormark Securities Inc. and GMP FirstEnergy. The Arrangement remains subject to customary closing conditions including receipt of applicable court, Marquee shareholder, TSX, and other regulatory approvals, and is expected to close on or about November 15, 2018.

Court and regulatory approvals I'm guessing would be rubber stamps.  What pushback would there be from MQX shareholders?  They would be getting a premium for saying yes.  Are there even enough shares out there to make a serious challenge?



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