Post by
downwithdotcom1 on Aug 02, 2019 10:03am
special committee update NR-BAKER offer called inadaquate!!
NR out today from the special committee warning about the CATALYST bid and what reduction of safeguards/loss of rights for this partial share offer means to the minority shareholders plus the fact that the closing date is before the commitee's review and meeting with interested parties will be concluded..perhaps lost in this explanation was that the iniitial reviews do find that BAKER's offer is INADAQUATE!!! he's been told so pony up..dwdc
Comment by
oceaneleven on Aug 02, 2019 11:20am
Based on initial analysis completed to date by its financial advisor and other factors, the Special Committee has communicated to the Shareholder Group that the price of $9.45 per common share offered in the Shareholder Group Proposal is inadequate