GREY:TRIAF - Post by User
Comment by
jayd54on Apr 02, 2013 11:39am
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Post# 21198683
RE: Financials Out...
RE: Financials Out... A most important piece of the Press Release:
"TriOil’s independent committee of directors (the "Special Committee") continues to work with its financial advisors in connection with the strategic alternatives process. Specifically, under the direction of the Special Committee, the financial advisors to the Special Committee and management have commenced populating the virtual data room to be used in connection with such process and continue their build out of the information memorandum that will be provided to interested parties. Following the completion of the virtual data room and information memorandum, expected within the week, the Special Committee's financial advisors will immediately begin contacting a broad spectrum of parties to solicit interest in a possible strategic transaction with the Company."