Huge News Today! With Rothschild now engaged the sale process begins immediately. Expressions of interest will be solicited and the data room opened to qualified parties. Why would any interested party wait until after Sept. 25 to see if Savitr's slate gets in?
What are Savitr and their cronies going to do? Terminate Rothschild and P I Financial after 6 weeks of work so they can hire CIBC and Cormark? And start the process over. It is plain to see Jeff and the Board have taken full control over the sale process in order to maximize shareholder value. Savitr is unable to maximize value and judging by Cormark's $2.50 target they don't care to maximize value anyway. Good job Jeff!