Re: Common ground
in response to
by
posted on
Mar 19, 2011 09:38AM
Ok here goes and forgive me if im wrong!
I will use the game of poker as an example. Dissent voting is a side transaction or battle which is separate from the "MERGER" voting. Once you decide that is the route you want to go, you must first obtain your certificate and then file it with a notice of dissent to the appropriate authorities. This must be sent within a certain timeline before the actual "merger" voting date. From what Hoov wrote in his article on agoracom, it seems that wtg has a clause in place. That clause seems to state that wtg will "only" allow up to 5% limit on shareholders filing a dissent right. If it goes over that number wtg holds the right to scrap or cancel the whole entire operation as to the complete merger of cmm and wtg as it would be more costly imo.
The questions i need answered please are the following.
1. If you choose to dissent are you completely out of the "merger" voting?
2. If yes to #1 does it make it more difficult to get the 25% votes needed to stop the "merger" voting?
3. Once you obtain certificate how do you file a dissent? Is there a form? And how can i obtain such form if there is one?
4. What is the mailing address of such authorities were certificate and dissent notice must go?
5. Lastly can shareholders vote against a dissent in the supreme court if the fair value proposed by mediator does not seem fair to shareholders? In such case what would happen?
Thanks for the responses ahead of time. Hope this helps and please correct me if im wrong.
Regards