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

new post on agreements if deal fails

[windwalker4]

The Arrangement Agreement provides for the payment by Canexus of a $25 million termination fee if the Arrangement Agreement is terminated in certain specified circumstances and for the payment by Superior of a reverse termination fee of $25 million if the Arrangement Agreement is terminated in certain specified circumstances.
Read more at https://www.stockhouse.com/news/press-releases/2015/10/06/canexus-announces-business-combination-with-superior-plus-corp#D5YXfbHpThFGHFim.99

much like all legalise speak , still ambivalent as to what will happen ,if no deal , a few more dots and t's to cross i guess