for some reason I think that we will here word of the deal going through within the month, based on the following statement from the filing....
This transaction is subject to the combined company obtaining financing agreeable to both Baltic and Miller and shareholder approval for both companies.
Even though insiders own a nice chunk of the outstanding (over 40%) the company would still need to send out notice to shareholders of record, etc. for the deal to go through. Am I right in this? If so, and they want to close the deal before year end, you would think that a deal being struck would be within the next month or so in order to get approval from sharholders, financing they talked about, etc., etc....before end of year.
Anybody agree with me on this?
rogs
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