RE:RE:April shareholders vote canceled?!?Agreed, Hexo would never back up from this deal, all the market knows that they got a good deal.
I am pretty sure we all could guess who is MadDog/puppy behind the negativity and pessimistic rumours in this board.
We have nothing but good news coming down the road .... Cheers StoneMan45 wrote: the most likely explanation for the meeting being cancelled is that the TSX, which has to approve of the acquisition , has said 'no go' on the in person only voting as it would not be inclusive at the best of times let alone while covid is going on. Think we can all expect mailers. The other possibility is that, as another person pointed out, they have already contacted large shareholder/insiders/institutional holders amounting to equal to or greater than the 66.7 % needed so the meeting would be moot. Another less likely but really nice possibility is there is another party that's made an offer and that would have to play out before any meeting.
For those saying Hexo just pulled out, Hexo would be on the hook for the same $6 million penalty and both companies have been quite promotional and positive re the takeover so not something I'm considering likely.
my opinions and only that so now we wait for the reality