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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 3.830-4.5%12:20 PM EST

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To: John Bull who wrote (35)1/29/1997 7:03:00 PM
From: william smith   of 290
 
Alot of analysis are negative on the deal from AVR end because of Repaps high debt. and don't believe Avenor shareholder will pass the deal. This is bizzare because why would there board make a deal if they didn't believe they had shareholder support.

Will
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