RE:RE:RE:RE:RE:Research Report on IWGYour E-mail has been received and acknowledged by the team here at IWG.
The Board carefully considered all available options and after a lengthy process, has determined that this transaction is the best option available for the company and shareholders. The board has obtained an independent fairness opinion from its financial advisor to the effect that the transaction is fair from a financial point of view. Regarding the $0.60 estimate by FRC , it was not solicited or endorsed by the company.
Full details of the board’s process and reasoning will be set out in the circular to be sent out shortly ,which will also include the fairness opinion. We would be pleased to speak with you after you have had a chance to review the circular, to answer any questions you may have about this proposed transaction.
Best Regards,
Darryl Jacobs
Executive Vice President
IWG Technologies, Inc.
disregarded my question about the late financials release, I'll give them the benefit of the doubt until they release their circular, preferably soon. Received this on Tuesday