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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AVR 4.010

-4.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PeterB who wrote (81)	2/21/1997 8:48:00 AM
From: Phoenix	of 290

I really hope they can let the deadline past without the takeover. People talk about the ratio for too long. I think Repap will not accept to change the ratio to 10:1 or even 8:1. Repap and Averon will have a really hard time to sell this idea to Repap's shareholders. The strength of Repap is not only its coated paper but also its modern plant. For the past few years, a lot of companies did not upgrade their plants and now they expect the industry will pick up and they are beginning to upgrade their plants but it will cost a lot of money. If the information from Repap is right, I think Repap have enough cash flow for this year and it will give time for Repap to improve its record. Hopfully I am right. (I already assume the deal won't go ahead)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next