re: Ann: Notice of change of interests of sub... There isn't a...

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  1. 48 Posts.
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    re: Ann: Notice of change of interests of sub...
    There isn't a benefit in hanging on now unless someone is going to take a blocking stake.
    If they up the offer they have to pay the increased offer to everyone that accepted. That's the rules.

    I guess if they start having trouble getting to 90% they'll either extend or up the offer slightly.

    The way things are going I doubt they'll have trouble making 90%.

    The thing is if they don't make 90% and close the offer DLS can't have another crack for 6 months and they are limited to how much they can purchase on-market without getting in trouble.

 
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