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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (49332)9/7/2012 2:50:46 PM
From: MCsweet  Read Replies (1) of 78676
 
AAB.TO

Madharry,

This paragraph below implies to me that they did get a fairness opinion, so no case for lawsuits. Am I missing something?

The special committee of Aberdeen has received an opinion from GMP that the consideration to be received by the Aberdeen shareholders is fair, from a financial point of view, to the Aberdeen shareholders and the special committee of Dacha has received an opinion from Cormark that the Transaction is fair from a financial point of view to Dacha.

I agree that AAB.TO would be up a ton had they not done this. After deal announcement, Dacha is up 10% while Aberdeen is down 10% because Dacha is getting a sweetheart deal IMO. And now I see Dacha's NAV is actually down from 7/31/2012.

MC
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