GREY:TMPHF - Post by User
Comment by
Matlockon May 16, 2016 9:40am
197 Views
Post# 24876299
RE:RE:RE:RE:Arni Thorsteinson
RE:RE:RE:RE:Arni Thorsteinson ... your question was originally about Thornsteinson selling post-takeover, which I answered.
Suddenly we're now on to shareholder rights plans..... which in and of themselves, are controversial and have the potential to diminish shareholder value on their own. Recent example from elsewhere in my portfolio: AGT Foods introduced a shareholder rights plan just last week concurrent with their Q1 resutls. Stock is down 15% in two days.
Frankly, introducing a poison pill pre-Morguard would have looked rather self-serving for Arni Thornsteinson's interests, rather than all TPH shareholders.