Post by
Red~One on Feb 16, 2021 2:42pm
Example of a takeover, not VXL
Folks here were talking a few days ago about VXL getting taken over as a good prospect well here's an example of a takeover,Hexo taking over Zenabis...." Under the terms of the Arrangement Agreement, Zenabis shareholders will receive 0.01772 of a HEXO common share in exchange for each Zenabis common share held (the “Exchange Ratio”). The Exchange Ratio implies a premium per Zenabis common share of approximately 19% based on the 20-day volume-weighted average price"
Takeovers suck
Comment by
madmax69 on Feb 16, 2021 4:15pm
Zenabis is a debt laden, poorly managed company on life support. They were lucky to be taken over.
Comment by
Red~One on Feb 16, 2021 6:26pm
That was just at example...look at other takeovers similar deal,,,not the way I want VXL to go
Comment by
bigbanktheory on Feb 16, 2021 9:30pm
Moved all profits from Zena to VXL, LOL. Takeovers suck for sure, for those who bought shares over 0.18 cents, lol, I was in at a nickel. Look at the three year chart. Zena was over 6.00 lol. Let's rock..