Petrokazakhstan Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Petrokazakhstan Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread Upon The Water who wrote (908)	3/8/2000 12:30:00 AM
From: forecaster	Read Replies (1) of 2357

Billy, this is still a secret! I will probably get in trouble for this, but I just learned that something has likely constituted a "Flip-in Event" in the Existing Shareholder Rights Plan (a.k.a. 20% poison pill). I am not at liberty to tell you all the details, only that the Plan was approved in 1997: a) to provide the Board of Directors with sufficient time to consider any take-over bid; b) to allow a reasonable period of time for the Board of Directors to properly evaluate unsolicited take-over bids; c) to explore and develop alternatives to maximize shareholders value; and d) to ensure that any take-over bid is extended to all the shareholders. I know that you most certainly have nothing to fear, but just in case... Your buddy, Forecaster

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next