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haysaw

11/20/09 11:25 PM

#30920 RE: haysaw #30919

What would be presented as more material?--the takeover of a comatose company, or the 6 person SA interim (including daffyDD, and colonel snorer, etc.)? Embellishment: Maybe these funny english posters work for Reckit Beckin.., and they are censoring the posts in an attempt to 'pin' the share price down. The motive is obvious: to allow RB (not blatch) to acquire Cor on the cheap (i.e., the carcass of Cor and a good Dr.).

An SA analysis would then be premature material, and thus jeopardize/risk the financial interests of the shareholders.
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neuroinv

11/21/09 12:37 AM

#30922 RE: haysaw #30919

The counterargument is that SA is material and must be disclosed. But in these circumstances, I agree with you--not that the acquirer's interests trump the law, but they might trump Cortex's concerns about the FD issues.

NeuroInvestment