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Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > Take-up Dates: Improved Offer, Subsequent & Compulsary
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Post by MartialArts on Feb 28, 2018 3:44pm

Take-up Dates: Improved Offer, Subsequent & Compulsary

There are a lot of misinformed investors and traders here.  I was just told, very rudely, by silkroad007 to "read a book".

I'd like to address baseless attacks with facts.

The fact is this is not a normal merger. It's a quasi-hostile take over.

Aurora has setup a "Take-up Date" in which the "Improved Offer" expires.  That is scheduled for March 9th with brokerage elections to happen generally two days prior.  But, that date can be accelerated, cancelled or extended at the sole discretion of Aurora.

If you miss this important "Improved Take-Up Date", you stay with CMED shares.  That's the default option. That's a fact.

What happens then?  It depends on the number of shares tendered.  Two other subsequent dates are "Subsequent Acquisition Take up Date" and "Compulsary Acquisition Take up Date".

So silkroad007, please "read the books" yourself and tell us how you interpret this instead of your uninformed, simpleton comments assuming this is a regular merger.  It's not.

PS You need to refer to Section 15 of the Original Hostile Offer for some of the details.
Comment by silkroad007 on Feb 28, 2018 5:40pm
Wasnt trying to be rude but I guess I was.  For weeks people here could not grasp the fact that you were standing to gain 15% by buying CMED over ACB which blew my mind.  Hence my lack of faith in this board.  Regardless I feel you are over complicating this issue.  The way I read that is simply give me your option of share vs cash, we (ACB) can then determine how much to pay ...more  
Comment by PROtrading on Feb 28, 2018 7:54pm
Gawd, why are ACBer so stupid?  You guys are all from Alberta right?  You freaking morons took all the convincing in the word to get you to understand simple math and how you want to take credit for it!!!??? LOL Don't even pretend to understand what's coming up next silkworm, just go back to bagholding HIP!!!! LMAO!!!!
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