The offer us 2,20$ CAD +37% more than current price Just to clear thing out.
The offert is 2,20$ CAD (+ 37% )
2/3 of shareholder has to vote Yes (that's a no brainer even the CEO suggest to go toward)
https://www.bnn.ca/News/2016/3/21/Canadas-Bankers-Petroleum-agrees-to-takeover-by-Chinese-firm.aspx