RE: RE: RE: RE: Wi-LAN Just filed MSD Take-Over Ci1. I understood that the offer would be valid for 35 days following the commencement of the offer : so which day is to be considered as the commencement offer: today?
2. Futhermore the offer has to be accepted by 66.6% of the shareholders : assuming that >66.6% of the MSD shareholder approves the bid , would it be possible for WIN to squeez-out shareholders not approving the bid in order to delist MSD?
(sorry for the stupid questions but I'm not familiar with take-over bids in cash outside Europe)