Wenzel Downhole Tools Ltd T.WZL

RE:Lowball buyout Offer at $2.25

[rltchk]

You are right... just check the link below about ISS (Institutional Shareholder Servers) which gave the buyout a recommendation:

A key quote in the post (which mentions ISS) is:

"Proxy advisory firms have no duty to make voting recommendations in the best interests of shareholders and have no financial interest in the companies about which they provide voting advice," the New Jersey Republican said. "By exploiting the proxy system to push special interest agendas, proxy advisory firms and activist shareholders have increased the costs of doing business for many public companies and disincentivized private companies from going public, all without a corresponding benefit to investor returns."

https://www.thedeal.com/content/regulatory/lawmakers-target-proxy-advisory-firms.php