TSX:SOT.DB - Post by User
Comment by
pennydredfulon Jan 25, 2023 10:24am
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Post# 35244989
RE:RE:RE:RE:RE:New Press Release - Slate Office REIT Announces Update on Approval of Debentureholders To Amend the Terms of Its 5.25% Convertible Unsecured Subordinated Debentures
RE:RE:RE:RE:RE:New Press Release - Slate Office REIT Announces Update on Approval of Debentureholders To Amend the Terms of Its 5.25% Convertible Unsecured Subordinated DebenturesThat assumes the extension is successful . In cases where the vote is adverse to the company,s proposal often the company will postpone the meeting to ferret out more yes votes from those that did not vote and/or contact no voters to convince them to change their minds and/or to consult with no voters to see what terms they would find acceptable. Other things being equal it is easier to cobble together 33.33% rather than 66.67% of votes particularly if there are large holders ------not likely the case here aside from G.A.