RE:RE:RE:RE:Fourth Quarter Results
Its been said here but worth mentioning again. VII shareholders need to vote 33% or more "no" in order for it to be nixed. GIven VII is owned 57% by instuututiions that means "they" (instuitions who likely incited the deal) would need another ~10% of the votes they dont hold in order to get the 2/3 vote in favour of the deal. I've no idea how much insiders make up but its safe to say given the fact that VII board has come out in support of the deal, they are using all the tools in their favour to get the deal done - and they will likely succed. 57% to 60% insider holdings is likely enough to ensure the deal goes through.