Friday, August 16, 2013 10:09:06 AM
Contacted my broker and asked to speak to the Corporate Actions Department.
They confirmed the notice and next month's deadline date of the 11th.
CBST can raise the offer at any time but most likely not until around or after said deadline.
If they don't receive a total of 90% majority,then it has to go to a shareholder vote.
Too many lawsuits=less than 90% surrender of stock.
I believe Cubist has both a plan B and C(possibly D and E),in the event that the initial proposal doesn't go their way.
The closer they get to the deadline,the more interesting things will get.
Take Care and God Bless....God Bless Us All.
Truth4Once
I've never claimed to have all the answers but feel i'm beginning to corner the market in questions worthy of solutions.
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