re: Ann: SXX: Becoming a substantial holder f... AOK had guaranteed a loan to SXX. The bank called in the loan and SXX has repaid AOK in shares.
Not the best use of $ by AOK IMHO. Unsure why they would enter into such an agreement - SXX doesn't look like the best company to get into bed with. Hope there was no related party business.....
Interestingly SXX is having a vote on a hostile board spill in August. Wonder which way AOK will vote....
Not happy
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