Post by
Goodbadandugly on Jun 27, 2019 9:30am
I DONT WANT CHANTRELL
Why would Azx mgmt raise the "break fee"?! It seems counter-productive!!
Comment by
mal297 on Jun 27, 2019 9:37am
They didn't. Chantrell did and AZX accepted it.
Comment by
Goodbadandugly on Jun 27, 2019 9:42am
Yes chantrell raised it, but obviously they want Azx badly, so I still dont understand why mgmt would accept that?! It appears that mgmt is playing favorites.
Comment by
mal297 on Jun 27, 2019 9:55am
Don't they have an obligation to SH to accept it if the entirety of the offer is superior to the AEM bid?