Purpose Canadian Financial Income Series A T.BNC

Important document filed yesterday @ 2:35 on SEDAR

[stepbystep]

I think if they took the trouble to write this document ... acceptance is already established ... against any higher offers...................


https://www.sedar.com/DisplayCompanyDocuments.do?lang=FR&issuerNo=00013159

[birdie22]

They have been talking for 3 months. From Page 3 "Confidentiality Agreement" means the mutual confidentiality agreement dated as of May 18, 2016 between the Corporation and the Purchaser;

[Mikepal]

apologize stepbystep: I have to run - doc in in french don't have time to translate in ENG...do you mean the document reads that TST can accept other offers?

[stepbystep]

The document is in English .     Read the document and made you an opinion .... I lost hope of having another offer :( Just my opinion .....  

[JD2016]

Why don't someone with knowledge on such agreement post whether or not Telesta can accept other offers. Alternatively, i would suggest contacting Telesta to clarify.  JD

[stepbystep]

Hey !!  JD2016   I did not say it could not be any other offer .... I said that I lost hope ... Just make your judgment...

[dardani]

" Why don't someone with knowledge on such agreement post whether or not Telesta can accept other offers." The Material Document on Sedar, page 37,38 and 39 addresses that issue.

[rgonlyfactspls]

Thanks Dardani for posting this info now on Sedar. Did you read it??? Refer to section 5.3 para 1 (a). Actually read the two paragraphs. It was actually comforting albeit expected to read the last part of (a)......re: Superior Proposal..."that failure to engage in such discussions or negotiations would be inconsistent with its fiduciary duties;