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Bullboard - Stock Discussion Forum Arbor Memorial Services Inc T.ABO.A

TSX:ABO.A - Post Discussion

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Post by barog4451 on Sep 11, 2012 5:39pm

Halt

Anybody know why we are halted?  Tomorrow has an earnings release scheduled, as a guess, but I don't know why they halted it for that early today.
Comment by barog4451 on Sep 11, 2012 5:58pm
We are getting an offer of $32 a share from the majority owners.   I don't like it.  I will be reviewing this carefully and would like to know if there are enough votes out there to block it.        
Comment by bbarberayr on Sep 12, 2012 9:42pm
TD has the valuation from $32 to $38, so they are picking the lowest value.  Would have been fairer to use $35, but I think that the deal will go through given the lackluster performance of the stock the last year, especially compared to the US funeral companies.
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