OTCPK:WLDCF - Post by User
Comment by
TimeBuilderon Sep 10, 2018 12:49pm
174 Views
Post# 28590993
RE:This was highway robery.
RE:This was highway robery.AGREE >>>>> ALSO found these details interesting.....In favor of WHO!!!!!!!!!!!!!
The Arrangement Agreement provides for, among other things, the ICC Board being able to consider a superior proposal in certain circumstances and a right in favour of Aurora to match any superior proposal. The Arrangement Agreement also provides for the payment by ICC of a termination fee of $9,500,000 in favour of Aurora in certain circumstances. In addition, the Arrangement Agreement provides that, under certain circumstances, where the Transaction is not completed because of the failure of Aurora to obtain certain consents, Aurora would be required to (i) reimburse ICC's expenses up to $750,000, and (ii) pay a reverse break fee to ICC in the amount of $1,250,000.