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kevroc

10/21/19 10:40 AM

#86516 RE: $ugar Glider #86505

Hmmm... I believe they only have 12 months to acquire 80% control, that 12 months is up... like now. This is just from my memory, I haven't double checked any documents, but I make a note a year ago they needed 80% by end of OCT 2019.
They DON'T need to get there in the open market though. Shares can be held in trust and large position holders could get private offers.