after everything said and done I am going to take home my 1.15 -...

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EtfTrader

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16/03/18

16:15

Post #: 31813285
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Originally posted by Amused observer ↑

Second attempt...not my lucky night it seems.

[AMEND 2]

Apologies, you are correct. I will amend.

[AMEND]

Plenty there for people to read and chew on.

Have to give Saputo credit on this one they are trying hard to please as many as possible but they are doing it cautiously and with the never blinking eye on the "economics" of it all

Worth noting is the offer for MGC seems to indicate a base price of 75 cents for shareholders and unitholders with an easy reach conditional uplift to 80 cents and a potential uplift to $1.15 or thereabouts but this latter uplift is dependent on the legal issues surrounding MGC and isn't a Saputo concern.

In an earlier announcement it was interesting to see how they have structured the resolutions in a cascade manner so to ensure success triggers success but in the event of a rejection of either 2a or 2b then they roll back and Saputo can't walk away from the deal all together. Clever.

Either way it is now very clear MGC is gone and the last major dairy co-op in the country with it. Well done Gary Helou, NOT!
[END 2]

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after everything said and done I am going to take home my 1.15 - costs of mgc if any

MGC Price at posting: 92.0¢ Sentiment: Hold Disclosure: Held
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after everything said and done I am going to take home my 1.15 -...

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