RE:RE:$72M finder's fee payable to CinvenThanks you rad10. Sorry for your loses. Seems a lot of people got fooled by this bad Amco acquisition (bad for Concordia shareholders but great for Cinven). And to make matters worst, the previous large acquisition was just as bad with that massive surprise write off on significant portion of the portfolio just 18 months after acquisition.
As for the $72M finders fee, it's there in the official documents and discussed also in the MD&A so the risk is still there.
Since nothing official has been disclosed as to whether or not it was triggered. I understand you have confidence that it hasn't been but I hope you can understand, given all we know as facts today, that some of us don't give any "benefit of the doubt" to the CEO of this company.
The news, each month, keeps getting worst and worst. Promised are always high and delivery is always a failure, not by a little but by a lot. If this pattern continues, delivery on this additional "consideration" will also be bad.