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Strategies & Market Trends : Ride the Tiger with CD

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To: outlook who wrote (124994)7/24/2008 7:54:05 AM
From: Condor  Read Replies (1) of 314059
 
Any chance of a competing bid for Aurelian?

Yes ...within the agreement states:

"Other terms of the support agreement

The support agreement provides that the board of directors of Aurelian may under certain circumstances terminate the agreement in favour of an unsolicited superior proposal, subject to payment of a termination payment of $42-million and subject to a right by Kinross to match the superior proposal in question. "
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