OTCPK:ICPVF - Post by User
Comment by
Kidlapikon Jun 11, 2021 10:38am
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Post# 33371821
RE:For those interested in break fees in Canada ...
RE:For those interested in break fees in Canada ...Case study referenced in this article shows a court deeming a 5% break fee excessive but not terminating it from the agreement. The current break fee in place amounts to 4.2% of the offer at tha May.31, 2021 stock values so at todays prices it would be even lower as a % of the offer.
The break fee will stand, PPL/IPL will merge.