OTCPK:PALDF - Post by User
Comment by
Consvestoron Dec 02, 2019 7:48am
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Post# 30412286
RE:RE:RE:Accept Impala offer?
RE:RE:RE:Accept Impala offer?The Impala deal is subject to shareholder approval ( a vote), but Brookfield has already committed their shares for the deal, which is over 80% of the shares. I voted against the deal, as it is a rotten deal. However, it won’t make a difference- we’re just minority shareholders. Voting does not tie up your shares. If you want to sell them before the deal closes, u can. Or if a higher bid does happen to come in, you would be entitled to that new bid - provided that you have not sold your shares.