Re: re cliffs' memo

Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Reply New Message

Prev Message Back To Forum Threaded View Next Message

TrueCanuck

Rank: Treasurer [?]

Points: 3859 [?]

Votes: 147 Score: 2.8 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: re cliffs' memo

in response to

Re: re cliffs' memo

notmine

posted on Jun 26, 2010 01:06PM

"...the Revised Offer includes conditions that Spider execute a support agreement with Cliffs and that Cliffs receive commitments in the form of lock-ups from Spider's directors and officers to tender their shares and vote against the merger."

Now, do you really think that Spider's directors and officers will tender their shares and vote against the merger for a ridiculous $.19 ?

4 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply