Post by
linus4 on Feb 19, 2013 10:15am
Appears they are short on votes
Looks like they got over 50%(majority) but did not get the 66 2/3 % required for this rotten deal...Management called for the vote , shareholders said 'No' , & now they want more time to try to resell this failed merger plan...Do you think they would have delayed a week IF they had got the vote that THEY wanted??? Doubt that very much! If you previously made an error in votng yes , now is your chance to change it to a NO vote ...Why does management want a 'do-over' on the vote? Does it have anything to do with the huge bonuses they would have recieved at AVF for selling out the real stakeholders here...IE: the shareholders..Still hoping one of the larger institutional shareholders lead the charge to oust current management after this deal fails again Feb 26th...This deal smelled bad right from the start ...
Comment by
downwithdotcom1 on Feb 19, 2013 4:19pm
...thats exactly what i think re: Looks like they got over 50%(majority) but did not get the 66 2/3 % ...we shall know soon enough. i suspect a phone call very shortly....dwdc