GREY:OLEPF - Post by User
Comment by
frankmanon Aug 07, 2013 12:31pm
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Post# 21654355
RE:I see OLE is still trading...
RE:I see OLE is still trading...Of course it is still trading in Canada as Canada is the main listed exchange as it doesn't stop on an announced amalgamation. The companies have to arrange with the exchange (TSX) as to when they can halt and proceed with the new combination and a date will be announced. The TSX also has some administrative work for the combination which won't take long.
However this could more time depending on how TGZ,OLE want to deal with Benton, but should proceed without a court decision there.