GREY:CRIUF - Post by User
Post by
cigarbuttson Feb 22, 2019 7:50am
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Post# 29398279
NOBODY thinks it's
NOBODY thinks it'sA breech of the BOD Fiduciary Duty to JUMP the Break-up fee IF another offer were to come in from$10M to $25M for the "favored" bidder?
The JUMP in the Break Fee alone would discourage another bidder for CRIUS.
Very unusual to more than double the break fee for one bidder in the middle of an apparent auction for the company.
Even in Canada I would think this is a VERY easy case for Shareholders and their Attorney on a Class Action, where the attorney takes it on Contingency, to win.
Is anyone interested to represent the class of all shareholders? Message back here or Private Message me and lets see if wecan get the ball rolling!!