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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > Whoever bought $1.98
View:
Post by deepblue on Mar 21, 2016 6:44pm

Whoever bought $1.98

may never see that price again. Possibility buyout may not go through and thats why you see it close at  $1.73. Seen it happen before where the deal falls through.
Comment by Gcreamy on Mar 21, 2016 6:49pm
 Unless there is some black swan event, the deal will go through.  - 1 year+ of negotiations about partnerships and alternatives - Assets Geo-Jade wants - $20 mill non-completion fee 
Comment by ImFineThanks on Mar 21, 2016 6:55pm
Can you give a couple examples of times you've seen a deal like this fall through? I am curious.
Big Banc Split Corp