OTCPK:GBGPF - Post by User
Post by
MartialArtson Jan 19, 2018 4:14pm
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Post# 27397435
CMED will get either $61.44 or $93.80 per share from ACB
CMED will get either $61.44 or $93.80 per share from ACB
CMED shares without HIP 24.43M shares
CMED shares with HIP (24.43M+12.88M)= 37.29M shares
Now if ACB/CMED decide to include HIP, CMED holders get 170M*$13.48 (closing today on ACB)= $2.29 BILLION in ACB shares.
If that $2.29B is split in 24.43M shares = $93.80 per CMED shares
If that $2.29B is split in 37.29M share = $61.44 per CMED/HIP shares
If I was CMED management, and as a big CMED shareholder, I would prefer we maintain the supply and mortgage agreements with HIP, give them the $10 break up fee which is 41 cents per share and merge with ACB at the higher $93.80 price.