RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:AgainSooner, What do you think of this scenario,
Rio is interested in buying Casino, but not wanting to over pay or get involved in a bidding war, Paul negotiates a fair deal, say $4.00 USD but negotiates a lock up deal @ $$5.00 USD that looks like this.
The Arrangement Agreement includes customary provisions, including non-solicitation of alternative transactions, a right to match superior proposals in favor of Rio Tinto and fiduciary-out provisions. Western Copper has agreed to pay a termination fee of approximately USD $40 million to Rio Tinto upon the occurrence of certain termination events.
Do you know what Paul is up to,,, all I know everyone wants a buyout after 17 YRS !
M2