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Technology Stocks : Allen-Vanguard Rescue Board -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (320)9/28/2009 3:55:55 PM
From: Outlaw82  Respond to of 724
 
The defence products maker last week filed a redacted 242-page document that showed Versa, through a limited liability company, would be paying up to US$25 million to take over Allen-Vanguard, with a break fee of $7.5 million should the deal be terminated, and another $6-million fee to be paid by the lenders to Versa if they breach their side of the agreement.

Hold on they are paying 25 million to VRS?? I dont understand what about us? Thet are obviously getting the money.



To: kidl who wrote (320)9/28/2009 6:32:03 PM
From: beaverfever  Respond to of 724
 
'No plan ... and no point' to independent assessment of Allen-Vanguard assets: Luxton

I wonder if Revenue Canada will take Peter Allen's suspect valuations as credible ?

Let's not forget this is a sale, taxes are based on valuations.

Sorry Mr Luxton, but I will believe Revenue Canada's valuation assessment of Allen-Vanguard's assets will be much more accurate than any reverse financial engineering estimates put forward.


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