GREY:LSTMF - Post by User
Post by
reefsandals4evaon Jan 26, 2017 1:49pm
168 Views
Post# 25759575
share consolidation? yay or nay?
share consolidation? yay or nay?Should the CBCA Plan Transaction ultimately not proceed, and in order to ensure that the Company is able to implement the CCAA Sale Transaction in a timely fashion, the Company will initiate a sale and investment solicitation process ("SISP") on July 13, 2016 which is intended to generate interest in and potentially divest the business and/or the assets of the Company, with the goal of maximizing value for all stakeholders of the Company and identifying the best available transaction in the event that the CBCA Plan Transaction does not proceed. TD Securities Inc. has been engaged by Lightstream to manage the SISP