TSX:CHE.DB.E - Post by User
Comment by
quest13on Feb 13, 2020 2:10pm
93 Views
Post# 30687141
RE:RE:RE:RE:RE:RE:RE:Sooooo...Where are we?
RE:RE:RE:RE:RE:RE:RE:Sooooo...Where are we?I would like to bring out one of my thoughts on this matter.
I believe that at one point there was thinking that CHE got General Chemicals at a low price.
I tend to think that General Chemicals got their back up, during price negotiations, at the amount of the indemnity and probably agreed to a lower price for the business rather than agree to a larger indemnity.
If that was the case CHE would have figured they were getting a good price and would have agreed to the lower indemnity; particularly since their lawyers blessed the amount of the indemnity at the lower value.
Certainly with the advantage of hindsight CHE got very bad legal advice.