OTCPK:NWKRF - Post by User
Post by
claudemcon Mar 13, 2019 8:01am
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Post# 29477181
$7.5 million bow tie
$7.5 million bow tie or is it a ham string...
The Arrangement Agreement includes customary provisions including non-solicitation provisions, subject to the right of Newstrike to accept a superior proposal in certain circumstances, with HEXO having a five business day right to match any such superior proposal for Newstrike. The Arrangement Agreement also provides for a termination fee of $7.5 million payable by Newstrike to HEXO if the Transaction is terminated in certain specified circumstances,