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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by bigbank91on Mar 16, 2013 9:20am
160 Views
Post# 21139200

RE: RE: RE: RE: RE: scotia analyst

RE: RE: RE: RE: RE: scotia analyst

avf press release under. Amendments to the Agreement,

Each of Pace, AvenEx and Charger have also agreed to eliminate the payment of all termination fees by any party in the event that, among certain other circumstances, a party accepts, recommends, approves or enters into an agreement to implement an acquisition proposal from a third party which is superior to the Arrangement.

latest pce press release,

On February 25, 2013, Pace, AvenEx and Charger amended the agreement to allow the parties to solicit and facilitate alternative transactions with other parties and to waive the termination fees in the event that one of the original parties enters into an alternate transaction (the "Amending Agreement")

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they will only be waived if one of the parties enters into another deal that is better then this one. if this goes to another vote on the 26th then the fees still appy.

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