NYSEAM:DDC - Post by User
Comment by
pierrelebelon Mar 21, 2017 9:58pm
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Post# 26011566
RE:RE:Open your books
RE:RE:Open your booksTerrebonne - "...not bringing Washington's offer to the shareholders."
Read the press release again.
It was NOT an offer. It was "an unsolicited, conditional and non-binding expression of interest from the Washington Corporations (“WashCorps”) to acquire the Company. WashCorps’ preliminary expression of interest is subject to, among other things, extensive due diligence, negotiation of satisfactory agreements and regulatory approvals, and is contingent on entering into discussions with Dominion on aggressive and off market terms and conditions."
NOTHING for the shareholders to vote on and accept.