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Bullboard - Stock Discussion Forum Noveko International Inc T.EKO

TSX:EKO - Post Discussion

Noveko International Inc > takeover target?
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Post by indahouse on Jan 24, 2012 11:07am

takeover target?

does anyone else think eko is currently a takeover target? maybe a competitor such as 3m could be interested in their patents. or perhaps another conglomerate looking to diversify their holdings? not trying to start a rumor, just a topic to discuss.
Comment by bambam98ca on Jan 24, 2012 3:42pm
Take over? All they have to do is buy on open market! Under $1 they could get more than 50% of total float!
Comment by bfw on Jan 24, 2012 8:04pm
Bambam,   Don't be a goof. If any company buys > 10% of Noveko shares, they are termed insiders and that info is available to everyone.  If they obtain > 20% of the shares, I believe they must circulate a takeover circular. Now, if 3M wanted to buy EKO, they certainly would not buy > 10% of the outstanding shares on the market as that would reveal their intentions. They ...more  
Comment by domdesm on Jan 25, 2012 7:11am
This post has been removed in accordance with Community Policy
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