OTCPK:ARLZQ - Post by User
Comment by
clestoron Mar 23, 2013 10:05pm
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Post# 21159398
RE: RE: RE: RE: RE: RE: RE: Firday hearing
RE: RE: RE: RE: RE: RE: RE: Firday hearing My read of the merger aggrement is that if ARZ shareholders don't approve the HL transaction, then ARZ only reimbures HL for its expenses to a maximum of $8 mm . . . but maybe their expenses were less than half that. Getting 66.67% is no slam dunk given large portion held by retail investors.
If I were AGI, I would hold onto my shares . . . see if the stock falls out of bed if the HL deal fails, and start accumulating again.
Make sense?