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Bullboard - Stock Discussion Forum Transat AT Inc T.TRZ

Alternate Symbol(s):  TRZBF

Transat A.T. Inc. is a Canada-based provider of leisure travel particularly as an airline under the Air Transat brand. The Company's core business consists of a Canadian leisure airline, offering international and Canadian destinations, and is vertically integrated with its other services of holiday packages, distribution through a travel agency network and value-added services at travel... see more

TSX:TRZ - Post Discussion

Transat AT Inc > THE Vote - Yes or No?
View:
Post by pattyemm on Nov 17, 2020 6:24pm

THE Vote - Yes or No?

Is anyone voting to accept the $5. offer?   I'm not.   What happens if this doesn't get shareholder approval?
Comment by insidersnoop1 on Nov 18, 2020 10:19am
QUOTE : Furthermore, if the Arrangement is not approved by Shareholders and otherwise not consummated, there is a risk that Transat’s lenders, lessors, credit card processors, clients and other trade partners become more preoccupied by Transat’s financial position, prospects and ability to execute its strategic plan as a going concern, which could result in more onerous credit terms, repayment ...more  
Comment by pattyemm on Nov 18, 2020 1:57pm
why would I wait for and vote to get $5. when I could sell right now for $5.54?
Comment by insidersnoop1 on Nov 18, 2020 2:44pm
you have to ask to be paid in Air Canada shares :  $21.50 X .2862 = $6.15 (according to today's AC share price.
Comment by oceaneleven on Nov 19, 2020 9:55am
yeppers insidersnoop....just take ac shares nevermind the 5 buck per share deal...all good!!!!
Comment by Bookends on Nov 24, 2020 12:21pm
I'll definitely be voting NO!   @Insidersnoop, concerning the paragraph about ongoing concerns... This is our lousy management trying to get the deal done with AC at whatever price in order to get paid their generous package.  These guys are complete sleeze bags... Recommanding the AC deal at 13$, when there was an open offer at 14$ that would have required a fraction of the ...more  
Comment by Dede2012 on Nov 28, 2020 8:55am
Someone received the voting papers,I did not receive mine 
Comment by pattyemm on Nov 28, 2020 11:30am
I also have not received anything.   I bought the shares through TD WebBroker.
Comment by insidersnoop1 on Nov 29, 2020 4:58pm
Good luck with TD Webbroker customer service. I called one morning last week for infos regarding the deal using their phone line and waited 1h10min before finally hanging up.  I then wrote them an e-mail specifying in detail my request. They answered late the next day by e-mail saying that they could only do any changes by phone and asked that I call back, Wrote again ...more  
Comment by Dede2012 on Nov 30, 2020 6:58pm
I’m wwith national banks but it’s air Transat are sending the paperwork proxy form 
Comment by Rods177 on Dec 02, 2020 9:04am
I got them yesterday with Cibc
Comment by Gtagal on Dec 08, 2020 11:14am
I want to vote NO but have never voted on line before, I tried to vote today on AST but was unable, would you please let me know if I have to wait until December 11th.  Many thanks
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