RE: Toscana bid12 Sep 2020 20:42
If deal is voted down I3e have the fallback of taking over Toscana through owning all of their debt which is in default.
Only negotiating tool which Toscana shareholders have, as far as I can see, is the tax pool - but good luck to them, if they try to eek out a higher bid that way, as I doubt I3e mgmt have the luxury of taking the extra time to come back with a higher offer.
More likely to just get on with things, forget the tax pool & concentrate on further deals and Serenerator farm out.
All imo of course...