RE: Sun-Rype news & strikeEncouraging news to see a mediator stepping into what is clearly an emotively-laden dispute.
With respect to Pattison's share ownership numbers, I'll simply point out that there is jurisprudence out there regarding "acting in concert" with others and who constitutes an "agent" and is thereby acting for you even though legally it's a different person. Bottom line, Pattison, as an insider, must disclose any take-over related activity that he or anyone acting alongside him, is engaged in with respect to this company. And before any armchair "lawyers" weigh in on this, I'll point out that I've acted in at least one such case as counsel (please hold the lawyer jokes for now !)
The strategy referred to in the earlier post (brokers buying shares and then selling to the take-over leader at a later date) may work in cases where you're essentially warehousing stock in the hopes of there being a bidding war for the company (so that you can play king-maker for the winning and highest bid), but it would run afoul of Canadian securities laws if it was being done deliberately for only one purchaser in mind (as would be the case here).
Either way, it makes for great stock watching, which I'm enjoying along with the rest of you !