Post by
p.yu on Dec 15, 2011 7:01am
Lock ups
Who enters into a lock-up with no out clause in the vent of a higher bid. Is it not clear to everyone the that they are all acting in concert. The OSC must recognize this is abusive to minority shareholders.
A majority of the minority must determine FBK's fate given the abuse of shareholder rights by three controlling shareholders acting in concert to prevent higher bids from appearing.