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Investment Q&A

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Q: Subsequent to TD'recent $600m offer,GMP stated that it will retain its stake in Richardsons GMP.As a result both GMP & its Pref.B dropped.Reportedly,any 1 of the 3 owners(Gmp,its investment advisors & Richardsons family) can trigger a sale after Nov 15.Please update situation.Also,how much is TD's $600m worth in terms of the stock price for GMP.Appreciate your usual great advices & services.
Read Answer Asked by Peter on November 14, 2016
Q: Can you please comment on the preferred shares, series B, specifically the dividend payment terms and whether a change in control of GMP would trigger a requirement of the company to redeem the shares at par. Lastly, what would constitute a change of control under the indenture and what is your assessment of a potential change in control in the company prior to year end? Thx
Read Answer Asked by Patrick on October 27, 2016
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