GREY:GLNIF - Post by User
Comment by
porksnifferon Dec 03, 2014 2:47pm
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Post# 23191267
RE:RE:why are people selling??
RE:RE:why are people selling??I don't think a counteroffer would be that expensive except perhaps Rogers having to issue more shares since their stock price is lower. There are only 22 million shares OS here so every dollar is just $22 million, lunch money for Rogers/Telus/BCE. Of course there is also a 30 million breakup fee. Having said that, the discount seems to be widening slightly...