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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: bumblin bob who wrote (59122)9/20/2007 5:25:29 PM
From: TATRADER  Read Replies (4) of 59879
 
Just found out why GSS was zooming today...Read what I found :
It would be nice to be in a takeover stock, odds 1-in 100...

Forum
Assunto: Sonangol will launch a takeover to Golden Star Resources
Enviada por:
Nome: José Escarigo
Data: 9/18/2007 7:07:22 PM
e-mail: Escarigo70@clix.pt
Respostas: Nenhuma

Questão:
Luanda - A source from Sonangol said today that Sonangol will launch a takeover to Golden Star Resources.
Sonangol, will notifie friday the Angolan National Securities Market Commission (ANMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Golden Star Resources shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
Sonangol will launch a takeover bid for Golden Star Resources with the payment of $8.75 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $9.15 USD for each share of the company.


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