scotia bank - involved in deal?
Scotia had released various reports for CXR and i think their last update was April after they had taked with mgmt more and done some onsite DD with Amco. i know a few posters had referenced the reports over time here - not the short and distort group of course as this was a serious report from a PHD holding analyst - it was a particularly good series of comments and the Scotia target was and remained at US$55.
anyway, they pulled the report off their site : it was either early this week but it could have been last week.
usually the houses do not pull their reports on stocks before simple updates; Usually the reason for the pull of a report is becasue the other side of the firm is invovled in a transaction with the particular company and they want to distance any conflicts. Last stock i had where the report was pulled was Corus Entertainment where RBC suddlenly pulled and stopped updating their comments for a few weeks and then we find that RBC was a lead bank in the Corus/Shaw deal.
anyone else notice this at Scotia ????????????