RE: From the FT...1 Jul 2020 23:26
If you actually bothered to read it TBTT you will see that there is not a rejection but is advising shareholders to take no action until it has evaluated the offer. I think you are reading what you want to read...
Goodnight All !!
"Cornerstone shareholders are advised to take no action in connection with the Hostile Bid until the Board of Directors has made a formal recommendation to shareholders. An independent committee of the Board will consider and evaluate the Hostile Bid, with the assistance of financial and legal advisors, and the Board will make a formal recommendation to shareholders and file a Directors' Circular within 15 days, in accordance with Canadian securities laws."