TSXV:FCO.H - Post by User
Comment by
BuffetJron May 03, 2019 3:33pm
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Post# 29708581
RE:Dundee are locked into JRV merger...they cannot change
RE:Dundee are locked into JRV merger...they cannot change
Dundee will only change if ECS change. The break fee is a heck of a lot more than $1m in that event... even higher if due to a counter bid. So yes they can change their mind but they won't unless the counter offer is significantly better than JRVs and probably includes a cash for shares component.