GREY:TBTEF - Post by User
Comment by
HCI_STEELon Aug 25, 2016 10:27am
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Post# 25175672
RE:Deal is DOA
RE:Deal is DOArighand2 wrote:
The Financial Post reports in its Thursday edition that unless the terms of the acquisition of Twin Butte Energy by Singapore-based Reignwood Resources Holding are changed, the transaction will not get over the line at next week's special meeting. The Post's Barry Critchley, writing in Off the Record, says that the transaction is firmly opposed by a group of debenture holders who collectively invested $85-million in an issue completed in late 2013. Mr. Critchley figures they more than likely have enough support to block the deal.
I already posted that article/link.
FYI, Murray Bockhold and MacQuarie certainly have my support...AND my proxies! Put your NO vote where your money is and send Murray your proxies too!