OTCPK:SJRWF - Post by User
Comment by
Capharnaumon Apr 28, 2021 4:39pm
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Post# 33084951
RE:RE:RE:RE:Shaw Discussed On BNN Market Call
RE:RE:RE:RE:Shaw Discussed On BNN Market Callnewcoin wrote: With the 'hell or high water' clause it's guaranteed that the buyer must buy.
The clause doesn't guarantee that the Regulators will allow the deal to close.
Regulators may nix the transaction.
I would like to have heard Stephen's alternatives too.
Regulators can't nix the deal. They can only impose conditions (which, when the buyer doesn't want to meet them, "nixes" the deal). Those conditions can be that Rogers need to sell Freedom Mobile. In any event, the "hell or high water" clause would mean the deal will close at some point when Rogers meets the conditions required by the regulators.