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Re: [sharechat] Snoopy's strategy


From: "Michael Phillips" <michael.p@paradise.net.nz>
Date: Wed, 24 Jul 2002 21:43:24 +1200


From: "Malcolm Cameron"

> Infratil used it on the NCH takeover of Trans Alta NZ. i do not know
> if this  was new code or old code

I thought the provision to request being bought out at a fair and
reasonable price if you became a disadvantaged minority (as a result of
a material transaction) was part of the Companies Act.  As to how
both parties will determine what is fair and reasonable is another
question again.

Regards
Michael
===







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