22-07-2019, 08:42 PM
(22-07-2019, 02:26 PM)ghchua Wrote: The recent LTC Corp and Challenger delisting attempt case studies are good examples. Even though in both cases the IFA deemed those offers "fair and reasonable", most minorities voted against the resolution. Unfortunately, for LTC Corp minorities, the new rules came too late for them.
I guess they can no longer do something like what LTC has done -- accept my offer or I will take the voluntary delisting way!