wescobrk Posted September 20, 2009 Share Posted September 20, 2009 I didn't read the terms of the deal that close. Basic question here, what happens to the stock West holds of SNS after the deal and after SnS has paid for West? Also, what happens to the 35% stake Lion has in SNS after the deal closes? Does the lion stake go into sns? Thanks! Link to comment Share on other sites More sharing options...
ragnarisapirate Posted September 20, 2009 Share Posted September 20, 2009 I didn't read the terms of the deal that close. Basic question here, what happens to the stock West holds of SNS after the deal and after SnS has paid for West? Also, what happens to the 35% stake Lion has in SNS after the deal closes? Does the lion stake go into sns? Thanks! you should read the press release... but, to answer the question: WEST's holdings will be distributed to it's shareholders. The Lion Fund shares stay under Sardar's control, as TLF is an independent entity. Link to comment Share on other sites More sharing options...
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