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Bullboard - Stock Discussion Forum Western Wind Energy Corp V.WND

TSXV:WND - Post Discussion

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Post by yankee12 on Aug 02, 2012 10:15am

update

Western Wind Energy Corp.'s meetings in and from Vancouver with three large U.S. electric utilities were successful, and the parties will be moving to advanced discussions. The three utilities have parent company balance sheets in excess of $20-billion and have known the Western Wind assets for many years.

Concurrently, Western Wind has received many proposals from merger-and-acquisition advisers, and a selection will be made next week. The independent committee will be represented by McMillan LP.

Western Wind will not be proceeding with the Champlin/GEI Holdings acquisition

Comment by Xtrykr0 on Aug 02, 2012 10:19am
Wow, awesome news Yankee. 3 US utilities (that's one more than what was in the previous NR) - and all 3 have assets in excess of 20 billion - we're talking the real big boys now. AQN has a market cap of what? Barely 1 billion? Yowzers!
Comment by yankee12 on Aug 02, 2012 10:20am
stockwatch mi amigo
Comment by cutthebsbud on Aug 02, 2012 10:27am
yankee posted this: blah blah meetings and then   <>   .. and bingo price jumps to over $2.00... can i call em or what.. now i am starting to believe that jeffypop etal may actually try to sell WND...my next worry is the current BoD gifting themselves a whopping and undeserved gift of "options"...
Comment by anott on Aug 02, 2012 11:19am
I wonder if Champlain/GEI pipeline will become this teams next project after WND...
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