Replies to post #15 on Carrier Alliance Holdings, INC. (CAHI)

[derickman]

here is something I found..


The lock-up provision refers to the option granted by a seller to a buyer to purchase a target company’s stock when a takeover offer is made; only the buyer will be able to purchase the stocks from this major or controlling shareholder. Typically, a lockup agreement is required by an acquirer before making a bid and facilitates negotiation progress.