RE:RE:RE:Vote NO to Privatization
Lekto Brosseau said: We also note that the Family Shareholders seem to get better value for their shares. They currently control 20.3% of Dorel's outstanding shares. Our understanding is that they will receive an equity interest of 26.7% of the new company on closing which could grow to 31.5% if certain conditions are satisfied4. The additional interest to be received, based on the $14.50 bid price, may have a value of an extra $53 million