Post by
tipit55 on Dec 20, 2012 11:08am
sale of Elbow River
As shareholders can we stop the sale of Elbow River?
Comment by
Kisu on Dec 20, 2012 11:28am
It's a done deal. If you like Elbow River, buy Parkland (on the dips). Only decision regarding AVF now is Sell at $2.80 or buy more at $2.80 if you believe the new entity will be a viable operation. I'm in the buy camp. One must also remember oil is down today along with many other oil companies.
Comment by
pone on Dec 20, 2012 12:04pm
Unlikely shareholders have any right to prevent an asset sale. We should be required to vote on the merger only because that is a change of control or sale of fundamentally all assets to a new controlling entity.