InvestorsHub Logo
Replies to #29 on Sea Limited (SE)

Diogenes of Sinope

09/08/16 1:03 PM

#30 RE: fung_derf #29

Hope this helps;

The Merger Agreement provides that, among other things, subject to the terms and conditions thereof, Merger Sub will be merged with and into the Company (the “Merger”) with the Company continuing as the surviving corporation in the Merger, and, at the effective time of the Merger (the “Effective Time”), each outstanding share of common stock of the Company, par value $0.001 (the “Common Stock”) (other than shares owned directly by the Company, Enbridge or Merger Sub, which shall be cancelled), will automatically be converted into, and become exchangeable for, 0.984 (the “Exchange Ratio”) validly issued, fully paid and non-assessable Enbridge common shares (the “Merger Consideration”).


SE---GLTU/A!