InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,678.80
(
0.19%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.02
(
-0.36%
)
Bitcoin
55,024.05
(
-3.43%
)
Post# of 773
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

gharma

Send PM Follow Ignore
Followers 15
Posts 3671
Boards Moderated 0
Alias Born 07/23/2011

gharma

Re: drkazmd65 post# 235

Friday, 07/05/2013 2:04:41 PM

Friday, July 05, 2013 2:04:41 PM

Post# of 773

In connection with the Release, Waterton received a break fee of US$ 1.0 million as outlined in the Company's press release of June 6, 2013.


Well that is certainly not good, and also contrary to the understanding the company gave in prior NR announcing that the timeframe had passed and that they therefore had informed Waterton that the agreement was considered vacated.
There is a deeper story here, likely revolving around the court filings to challenge the sale.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up