GREY:TBTEF - Post by User
Comment by
dangoodon Jul 24, 2016 12:41pm
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Post# 25079655
RE:RE:RE:Pros and Cons of Dissenting
RE:RE:RE:Pros and Cons of DissentingDissenting is a pain for both parties. They will want to get rid of you and put you under the carpet. You are paid after the deal is done. They do not have to report what they paid you. I bluffed and won because they had the same lawyer I went up against in another deal. So they either thought I was serious or they just wanted to get rid of me because I was a gnat. Going to court is costly so they wanted to avoid it. The deal stipulates they will only allow 5% of the shares to be dissented or the deal is toast. If the deal does not go through you will not get paid. If you have substantial money in it might be worth it to dissent. Otherwise no. Even the pros don't dissent for some reason. Likely because this is all a game for them and everyone knows everyone else.