Replies to post #103593 on MultiCorp International Inc (MCIC)

[$pmlg]

BAD

After Paul PR'd the merger news, some big company approached Sam and made good offer, Sam got tempted with the offer and went with them (using some xyz clause in the merger agreement which allows cancellation of the deal within 90 days),

thats my vote!

[Oswego95]

DHANA - under "good" scenario, where dose the cash come from?

[Oswego95]

The real key here, IMHO, is the motivation behind Sam. Obviously he had $$millions to gain by seeing this arrangement through.
So, if he did subsequently accept a better offer, we'll be reading about it soon in another company's PR. -- I'm betting on this too, and IF Sam had some type "excape claues", we're "toast".