Summary of the Week in Special Situations
Thanks Asif. I think the market read it the same way initially too !
Re RGR - Am I reading this wrong??? ““subject to the Issuer granting the Reporting Person an exemption under the shareholder rights plan…. the Reporting Person is prepared to commence a tender offer”... Doesn't seem like anything was granted yet ?
Yes you are right. It is subject to the board agreeing. I'll edit the post to reflect this.
Thanks Asif. I think the market read it the same way initially too !
Re RGR - Am I reading this wrong??? ““subject to the Issuer granting the Reporting Person an exemption under the shareholder rights plan…. the Reporting Person is prepared to commence a tender offer”... Doesn't seem like anything was granted yet ?
Yes you are right. It is subject to the board agreeing. I'll edit the post to reflect this.