TSX:LSG.DB - Post by User
Comment by
bigdaddycashon Feb 08, 2016 7:47pm
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Post# 24537720
RE:Re: Disclosures and Confidentiality agreements.
RE:Re: Disclosures and Confidentiality agreements. no, I don't think he has anything up his sleeve as this "great" deal includes a $37 million back-out clause. if LSG backs out of the deal they need to pay TAHO $37 million of our cash. great, huh. so, any suitor would also need to add that $37 million (about $0.10 / share) to the offer. what a joke, seems like the hayseed got screwed by the cityslicker again.