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Spyglass Resources Corp. Message Board

  • jmdec1 jmdec1 Mar 26, 2013 8:34 PM Flag

    So, do I still get 1.3 shares for each Pace share?????????????????????????

    The merger will be completed through an amalgamation of the three parties (the "Merger") on the basis of 1.30 Spyglass shares for each outstanding common share of Pace (the "Pace Shares"), 1.00 Spyglass share for each outstanding common share of AvenEx (the "AvenEx Shares") and 0.18 Spyglass shares for each outstanding Class A share of Charger (the "Charger Shares"). The exchange ratios represent a value of $4.32 for each Pace Share, $3.32 for each AvenEx Share and $0.60 for each Charger Share based on the closing price for AvenEx on December 19, 2012.

    Sentiment: Strong Buy

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