GREY:CRIUF - Post by User
Post by
Willy999on Feb 07, 2019 12:58pm
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Post# 29333074
PRICE
PRICE
The purchase price of C$7.57 per unit represents an approximately 38 percent premium to Crius Energy’s unit price of C$5.48 as of market close on Feb. 6, 2019. In addition to the purchase price, Crius Energy unitholders will receive Crius Energy’s previously-declared distribution for the first quarter of 2019 in the amount of C$0.209 per unit for total consideration in the amount of C$7.779 per unit. Under the definitive agreement, Crius Energy has agreed not to declare any further distributions prior to the closing.