OTCPK:ICPVF - Post by User
Comment by
DeanEdmontonon May 06, 2021 12:35pm
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Post# 33141387
RE:RE:RE:RE:RE:RE:deal drags on
RE:RE:RE:RE:RE:RE:deal drags onI did NOT miss any of that, but until there is an actual alternate offer I am not prepared to bet there will be. Discussions is not the same as making a deal and I have been involved in more than one of these types of strategic reviews. There are lots of comapnies the will sign an NDA to get a close look at all the insider info, and then never make an offer.
Ariahp wrote: Her DeanEdmonton:
Did you miss this news release: ACTIVE DISCUSSIONS WITH THIRD PARTIES....meaning more than 1. Read below and get on with it eh!
Inter Pipeline continues to positively progress the Strategic Review and is in active discussions with third parties regarding alternatives to maximize shareholder value.
It is important to note that Inter Pipeline has signed non-disclosure agreements with parties in its process, a customary practice that prevents Inter Pipeline from currently disclosing the status of discussions.
he Special Committee intends to update shareholders on the results of the Strategic Review prior to the expiry of Brookfield Infrastructure Partners L.P.’s (“Brookfield”) hostile bid on June 7, 2021.