CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:Is a SuperiorPlus Takeover of CUS possible?

[Kherson]

ocean112 wrote: Stupid speculation (which I loathe - but what the heck).  I'm speculating CIBC is involved in the sale of Chlor Alkali since they curiously didn't comment on the NATO sale after the news (and believe on the last quarterly CIBC has been retained for the sale of Chlor Alkali).  In a previous report - CIBC speculated SPB might be interested in all CUS chemical assets (and showed some significant synergies) but might face regulatory hurdles given market shares exceeding 50% in different businesses.  If I'm SPB, I want the chemicals business - not NATO (so CUS dumps NATO for nothing).  Curiously - SPB does not renew thier 130,000 MT sodium chlorate agreement with Tronnex (no doubt their timing is curious - coincidentally coincides with current negotiations with CUS  - perhaps because SPB may be in talks to acquire CUS's sodium chlorate assets).  Why would negotiations be taking so long.....perhaps CUS is negotiating the sale of the company....lock stock and barrell......

Anyway care to tell me how far off base I am, nutty I am, or how silly a notion a sale of CUS would be - it's fair....but if there were a sale - $2.50 to $3.25 would be a fair range (including premium) for a sale of the company - in which case - this is a double....worth some risk anyway...(or perhaps I'm trying to talk myself into holding the shares)...:-)

This is interesting!
Kherson