Q: Hi Team,
What to do with Meg shares? Was a headline on BNN yesterday touting there will likely be no other suitors for Meg for a higher offer. Do you agree with this ? I am currently up 8% on the shares. Do I continue to hold out for a higher offer or cash out? This was an arbitrage play for me.
Thanks ,
Shane
What to do with Meg shares? Was a headline on BNN yesterday touting there will likely be no other suitors for Meg for a higher offer. Do you agree with this ? I am currently up 8% on the shares. Do I continue to hold out for a higher offer or cash out? This was an arbitrage play for me.
Thanks ,
Shane
Q: meg is being offered .62 shares of scr and $4.10. scr as of yesterday is $31.5 so .62x31.5 +4.1 =$23.63. meg closed @ $26.09. Can I assume there wiil be a higher offer.No one would tender to this offer.
Q: Hi Team,
What's your current thoughts on the current Meg takeover offer? Do you still feel a higher offer will come to play? What's the usual timeline on takeover offers such as this as to when another company might swoop in for a higher bid? The offer from Strathcona is open until Sept I believe, but I would have to think if a competing offer is coming it would probably be much sooner than that would it not?
Thanks,
Shane.
What's your current thoughts on the current Meg takeover offer? Do you still feel a higher offer will come to play? What's the usual timeline on takeover offers such as this as to when another company might swoop in for a higher bid? The offer from Strathcona is open until Sept I believe, but I would have to think if a competing offer is coming it would probably be much sooner than that would it not?
Thanks,
Shane.