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Charles Taylor Group PLC CHTYF

Charles Taylor PLC provides professional services to the global insurance market. It operates through Management Services, Adjusting Services, Insurance Support Services and Owned Life Insurers businesses. The company follows fee-based model. It is in the business of underwriting and broking support services, loss adjusting and claims management services, insurance operations and support services, insurance company management services and specialty services. The company has offices in UK, Americ


GREY:CHTYF - Post by User

Comment by Sleddawg63on Sep 26, 2018 10:05pm
169 Views
Post# 28698000

RE:RE:RE:RE:0.03

RE:RE:RE:RE:0.03I am certainly not a business lawyer, but this is what the news release said.

The Board of Directors of Prairie Provident and Marquee have both unanimously approved the Acquisition and have received verbal fairness opinions from their respective financial advisors, Cormark Securities Inc. and GMP FirstEnergy. The Arrangement remains subject to customary closing conditions including receipt of applicable court, Marquee shareholder, TSX, and other regulatory approvals, and is expected to close on or about November 15, 2018.

Court and regulatory approvals I'm guessing would be rubber stamps.  What pushback would there be from MQX shareholders?  They would be getting a premium for saying yes.  Are there even enough shares out there to make a serious challenge?



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