Forum Archive Index - April 2000

["hugh webber" <hugh.webber@clear.net.nz>]

I'm getting a little confused here - I distinctly remember reading that
both FLP and Norske each entered into a $200 million bond to prove
they were both serious which they won't want to throw away.
Are we talking about the FLP takeover by Norske as below which is 
rather hard to believe won't proceed or are we talking about a putative 
takeover bid for FFS which is a different company?
I think maybe some contributors have been talking at cross purposes
hence the heat instead of light.

cheers,
hugh
----------
> From: Oliver Shapleski <oliver.shapleski@vuw.ac.nz>
> To: sharechat@sharechat.co.nz
> Subject: Re: [sharechat] Oliver: Better believe it re FFS!
> Date: Saturday, 22 April 2000 17:01
> 
> David, I suspect it's a case of you not reading.  If you actually read
what
> I wrote, you would see that I was not suggesting a "deliberate lie" in
the
> slightest.  Quite the contrary I think they've got their shareholders'
> interests at heart, but when someone commences a hostile takeover, the
> target company SIMPLY DOES NOT KNOW ABOUT IT.  It's not rocket science.
> 
> I'm not saying a hostile takeover IS imminent either; I'm just suggesting
> it's a possibility, IMHO.
> 
> Oliver
> 
> 
> > Oliver,
> > I do not believe that the FFSInvestor Relations Office would
deliberately
> > lie to investors when FCL took it upon themselves to issue a "Don't
sell"
> > notice in the case of Fletcher Paper. I suspect it is a case of you not
> > willing to believe or accept that a sale of FFS is not imminent for
> several
> > months yet. Graham Corrigan & Kevin Young have also confirmed this in
> their
> > postings tonight.
> >
> > David Thompson
> >
> >
> > ______________________________________________________
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> >
> >
> >
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