Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.210

-2.3%

Nov 5 3:59 PM EST

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To: Kristopher Kshonze who wrote (125)	3/24/1997 6:04:00 PM
From: Randyfb	of 290

Domtar Inc. has approached Avenor with a merger proposal. Check out todays Canadian Corporate news releases by Avenor and Domtar. Domtar wants to enter into a 3 way merger agreement before the Avenor/Repap shareholders vote takes place. Avenor has declined and is proceeding with the Repap deal. What next? This is why the share prices moved today although I can't explain the logic behind these moves. Can anyone else?

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