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old_timer99

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old_timer99

Re: ttgop post# 264789

Sunday, 02/04/2007 2:25:54 PM

Sunday, February 04, 2007 2:25:54 PM

Post# of 279080
ttgop, there can be no merger between TMM and Cinemax because TMM no longer exists. QBID is TMM's trading vehicle. What can happen is that Cinemax can acquire the trading vehicle to make Cinemax a publicly trading company. That requires Cinemax to make QBID shareholders a tender offer.
Frank Olsen's shares were not "retired". Frank converted his shares to preferred to partake in the liquidation of assets.
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