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RE: [sharechat] Danone Offer


From: "D & C . Adams" <davida@wave.co.nz>
Date: Fri, 23 Nov 2001 16:32:38 +1300


Jerrold,


1. If they get 90% or more they are then entitled to send cheques to the
remaining 10%
and the company is delisted

2. If they get less than 90% then the company stays listed as now

-----Original Message-----
From: sharechat-owner@sharechat.co.nz
[mailto:sharechat-owner@sharechat.co.nz]On Behalf Of jerrold poh
Sent: Friday, 23 November 2001 04:25
To: sharechat@sharechat.co.nz
Subject: [sharechat] Danone Offer


Sorry for the newbie question, but was wondering what happens when the
Danone expires, and 90% of the shareholder's haven't accepted the offer?
Do we still get FRU listed on the exchange, except that Danone now own
part of FRU?

Also, what happens if the 90% threshold is passed, and I still haven't
sold my FRU shares, and FRU get's delisted?  Does that mean I loose my
money, or will I get a cheque in the mail?


Jerrold.


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