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.
5i Research Answer:
We would still give decent odds of another party showing up (35%+, which is high for such...