TSXV:ATK - Post Discussion
Post by
goldensasky on Jan 18, 2013 3:44pm
Sale process
I talked with one of the selling agents and he indicated that the purchasing company is waiting to raise money. I think Kehoe needs a bit more rent (or xmas bonus)and maybe some of his associates are picking up some cheepies. The selling agent did tell me that there was some offers. I was trying to narrow down who the purchaser could be but I am not sure. I have some guesses but it sounds as though another smaller company. Kehoe has his phone turned off and I have tried several times.
I think they may have to come up with a contingency plan maybe sell to Legacy and take shares versus a new combined entity that is going to have little capital to spend. Also once a deal is anounced just imagine the pressure to unload as shareholders are not happy to say the least.
Anyone else anything to report
Do your own due dilegence
Sasky
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