Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.010

-4.8%

3:59 PM EST

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To: wesley vandenhazel who wrote ()	2/16/1997 1:05:00 AM
From: Malcolm Rewcastle	of 290

Term of the deal may change to a 1 for 8 swap of Repap common for Avenor. Some large holders of Avenor are pushing management for a new offer for fear of too much dilution of their stake and the collapse of Repap's market price.

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