RE:RE:RE:RE:RE:THE Vote - Yes or No? I'll definitely be voting NO!
@Insidersnoop, concerning the paragraph about ongoing concerns... This is our lousy management trying to get the deal done with AC at whatever price in order to get paid their generous package.
These guys are complete sleeze bags... Recommanding the AC deal at 13$, when there was an open offer at 14$ that would have required a fraction of the regulatory hurdle and would have likely closed by the end of 2019.
These guys absolutely need to go.
The offer of 18$ was only negociated thanks to Letko-Brosseau who had to do management's dirty work.
If the deal is rejected, the governement will bail out TRZ along with every other industry in Canada and put it on that taxpayers bill.
Besides, with multiple vaccines comming to market well underway, there is no reason to accept something 70% lower than what was being offered before the pandemic.
And second besides, AC surely showed to everyone just how badly they wanted TRZ, willing to outbid everyone at 18$.
I'm 100% sure they'd still be willing to offer 10$/share.
But my vote won't matter here... The one that matters is Letko's.