correct me if I am wrong but wouldn't a takeover have to be approved by the SEC? That is one thing I am worried about with MEO only having 35% of 3, 4, & 5. Unless there is a clause that MEO can match any bid if it desires to.

I have not lived in Canada for a few years now and have no idea how shareholders can protect themselves against something like a takeover. I remember from long ago a certain % of shares were required ie you could get a group together that had x amount of shares and with proxies use it as a single vote.

SunSeeker