re: Ann: AEL's Increased 42 cent offer fo... How much did the...

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  1. 370 Posts.
    re: Ann: AEL's Increased 42 cent offer fo... How much did the 100+ page target statement cost ADI?

    And it was done all so the board could agree to an extra 2 cents several weeks later, at a price 90% lower than the recommended increase to the offer of 61 cents.

    I guess they may as well not have bothered with the target statement.

    Writing is on the wall. Board approval means 50% stake is imminent.

    Looks like holders have all just been shafted.
 
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