InvestorsHub Logo

KR_uk

03/22/18 10:51 AM

#6442 RE: ledude #6441

Unfortunately, most (90%) shareholders did accept either a buy out at a price of either 300 SEK or 345 SEK.

To be fair to Victor (Axels assistant who was the one who actually replied to me BTW), he was answering my question about whether there's a legal minimum which he says there isn't.

I also think that there is no such thing as a "squeeze out premium" precisely because the regulator and companies don't want minority shareholders holding up buy outs unreasonably (I am not suggesting that's the case here, I'm just stating that's what I think the intent of the squeeze out rules are).

I would be disappointed with an offer below 345 SEK as well but again Victor says they haven't gotten to the point in the arbitration process of deciding on a price. If we were to try and justify the buy out price should be higher then that would require actual evidence that ARCAM was worth more at the time of the buy out due to sales growth + assets that had been missed. I think that's an uphill battle.