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Yoplait

just fails..

The company doing the takeover -

For AGU = DUO
They (DUO) Get to keep what shares they bought (Acceptances) and do as they please with those shares, if that was the terms of the takeover.

Sometimes they can acquire acceptances without accquiring shares and if the takeover falls through then the shares stay with the original owner.

Duo got acceptances for about 1% of AGU company stock I believe and they withdrew thier takeover offer.

With PDY they FEL were more agressive and got about 5% of stock' but the offer which is due to expire is so far below market now that i would be very surprised if anyone is still selling to them. That being said and done they FEl dumped a large amount of what they bought at 1c on the market just before the AGM and it is rumoured that they have dumped thier remaining 7 million a few days ago.

This would leave them in a silly position of still having a active takeover at 1c, while reselling what they are getting on the market at 1.6 to 1.7.

So it's fair to say when thier takeover offer ends on the 17th they will not renew it...

EG they gave up and ran away like the (Fill in the blanks) they are.

My thoughts only DYOR