Replies to post #579 on Meridian Resources Corporation (TMR)

[tr8dervic]

It means if the Alta Mesa deal is approved by shareholders on 3/30/10, everyone still holding TMR shares will get cashed out at .29 per share. There have been higher offers, but they haven't been firm offers yet.

The Alta Mesa offer is far from being assured because it takes a 2/3 majority to vote yes. Not voting at all is considered a no vote.

We should know which way the voting went either next Tuesday afternoon or Wednesday morning imo.

Good luck,

Vic

Link to Alta Mesa proxy material:

http://www.sec.gov/Archives/edgar/data/869369/000095012310009804/h69256dmdefm14a.htm