OTCPK:NWKRF - Post by User
Comment by
Extallioneson Jan 19, 2018 10:27pm
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Post# 27399290
RE:RE:RE:RE:TOP PICKS
RE:RE:RE:RE:TOP PICKS Don't be silly. The CMED/HIP deal is done. Voted for in favour by all of their shareholders. ACB and CMED aren't simply going to throw them more shares just because they're nice. The ONLY reasons HIP agreed to an extension is 1) there is currently no guarantee that CMED can get enough votes to take them over - which their management clearly wants, and 2) a higher purchase price for CMED means a direct increase in share price for HIP. That's it, that's all. The CMED/HIP deal will not change. The only thing that will change is the offer from ACB to acquire CMED, and that may not be a simple takeover anymore. BUT, if ACB and CMED come to a deal, all that means is the HIP takeover will be guaranteed to happen. I just hope the ACB deal factors in potential increases in share price in the CMED/HIP entity, because this whole fiasco has been ridiculous.