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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by hovisolarisingon Jan 24, 2013 5:00pm
276 Views
Post# 20886872

50% not happening so they walk.

50% not happening so they walk.

Minimum Tender Condition. It is a condition of the Offer that 50% of common shares held by shareholders independent of Brookfield Renewable are tendered to the Offer. Brookfield Renewable is clear in its take-over bid circular that this condition will not be waived. The Offer would no longer be a "Permitted Bid" under Western Wind's shareholder rights agreement if this condition were waived. If this minimum tender condition is not satisfied by the expiry time of the Offer, no common shares will be acquired by Brookfield Renewable.

 

Wiankers!

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