InvestorsHub Logo
Followers 19
Posts 2541
Boards Moderated 0
Alias Born 03/12/2001

Re: Ogi1 post# 12170

Thursday, 03/26/2015 8:15:53 PM

Thursday, March 26, 2015 8:15:53 PM

Post# of 12338
And... Yara/Others could further sweeten the deal!

"The Arrangement Agreement provides that shareholders of the Company (the "Shareholders") will be entitled to receive $0.50 in cash, except for Liberty Metals and Mining Holdings, LLC ("LMM") who will receive the equivalent consideration of $0.50 in ordinary shares of ICL, for each Common Share exchanged."

"Allana has agreed not to solicit any alternative transactions and to pay ICL a break fee equal to $5.5 million in certain specified circumstances. In addition, Allana has granted ICL a right to match any competing offer. In accordance with the Arrangement Agreement, the closing of the transaction must occur by no later than August 17, 2015."

A conference call with investors will be held on Friday March 27, 2015 at 8:30am EST- please see below for full details.

http://www.reuters.com/article/2015/03/26/idUSnCCNbQFfnL+1d9+MKW20150326



Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.