GREY:EBGUF - Post by User
Comment by
semiRet4everon May 17, 2018 11:38am
129 Views
Post# 28045911
RE:RE:RE:RE:RE:RE:Counter offer? $34.00
RE:RE:RE:RE:RE:RE:Counter offer? $34.00chigs1975 wrote: There will be no counter offers. ENB gets to vote and they own 82% of ENF shares.
Counter is still possible, as ENB ownership appears to have a limit on its control of ENF... note the highlighted section below
From a TD Waterhouse report :
The proposed transaction is subject to approval by 66.67% of the outstanding ENF shareholders
and by a majority of the public shareholders excluding ENB, its affiliates, or insiders