GREY:EBGUF - Post by User
Post by
TickerTwiton Aug 09, 2018 10:55pm
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Post# 28437726
RE:RE:RE:RE:RE:RE:RE:Growth without dropdowns?
RE:RE:RE:RE:RE:RE:RE:Growth without dropdowns? The 'special voting share' seems to be something else: (1) the right to attend any shareholder meeting, and (2) the right to elect a single director. If ENB exercises (2), they lose a specific voting right (can't vote their shares on any other directors, I think), but the paragraph is so convoluted that I'm still not clear on all the implications. But I think that's the main thrust of it.
This is in the ENF AIF, p.11.
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autofocus111 wrote: ENB has the 'special voting share' in ENF too that I would assume gives them effective majority voting control over ENF.