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Shareholders voting no to buyout
posted on
Jul 28, 2008 02:04AM
Forgive my ignorance but imo, most if not all of shareholders will reject the buyout offer by Kinross.....We all realize their bid is vastly undervaluing Aurelian.
However, is there some way Aurelian and Kinross can ignore or bypass a vote by shareholders to reject the bid.........I am assuming most institutional investors will also reject this initial bid.
