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Bullboard - Stock Discussion Forum Valener Inc VNRCF

"Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec... see more

OTCPK:VNRCF - Post Discussion

Valener Inc > Read the Warning !
View:
Post by Transat500 on May 13, 2019 7:09am

Read the Warning !

Warning: The effective date of the Arrangement may occur prior to June 30, 2019, which is before the record date used to determine the identity of the registered common shareholders that shall have the right to receive the above mentioned quarterly dividend. In such event, and in accordance with the Arrangement Agreement between Noverco and Valener, - the above mentioned dividend would not be payable to common shareholders !!!

This offer is hostile.  26$ is a cheap price benefiting corporate fat cat for their future bonus.
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