CCU / Lee & Bain Done
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Arp2
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CCU / Lee & Bain Done
...at $36 cash a share; close expected in about three months following what will have to be a new shareholder vote.
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Ace Purple
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Re: CCU / Lee & Bain Done
Is there any early scuttle on if the major shareholders are willing to take $36 a share?
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Tom Taggart
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Re: CCU / Lee & Bain Done
Good question, since they balked at $37.60 a share not that long ago. Remember, too, that in Texas a 2/3 vote of the shareholders is required for approval of any new deal.
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Tom Taggart
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Re: CCU / Lee & Bain Done
As reported elsewhere, $36/ share, plus higher interest payments--and it will have to go to a new vote of the shareholders. Expected close end of third quarter (September) we will see...