Arcam AB fka AMAVF

[charlie T colton]

The most ridiculous thing about all of this is...

It's hard to quantify what the most ridiculous thing about this is.

"In the buy-out proceedings, the minority shareholders will be represented by a trustee who will be appointed by the Swedish Companies Registration Office. The trustee’s main objective is to protect the rights of the absent shareholders in the dispute."

Dispute? What dispute? GE hasn't made an offer for us to dispute.

GE was able to find each of us in September of 2016 during their initial bid of 285 SEK and a month or so later when they upped the bid to 300 SEK. The shareowners that sold up to that time left GE controlling about 76% of ARCAM. Since then they've been dealing with and purchasing shares from the largest shareowners left. GE hasn't contacted any of us since 2016. Where's the dispute? That we didn't take the 285 or 300 SEK offers in 2016? Over a year goes by and now they want to own Arcam outright. The Swedish securities statutes allow that when GE exceeded the 90% ownership level. Yes, they've got what they wanted.

The thing is, General Electric doesn't want it. If they did, they'd hand over all our contact information that they've had since the September 2016 offer to the trustees and make us a fair offer. A fair offer today. "The trustee’s main objective is to protect the rights of the absent shareholders in the dispute."

GE has had our contact information for 18 months and by not contacting us with whatever their present offer is, they are delaying the outright purchase of the remaining shares.



It's had to identify what the most ridiculous part of General Electric's buy-out is.


Someone at GE need's to have an epiphany about how to close this. GE has some bright people. Is this really what their plan is? To drag this out? If so, I give them high marks.