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Old 2nd Apr 2006, 15:07
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Tembo
 
Join Date: Feb 2006
Location: Vancouver
Age: 72
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CHC Sale

You guys need to read between the lines, it is not a takeover, it is an invitation to a couple of major investors with deep pockets, and it is a method of getting off the NYSE and saving face, ever heard of SOX compliance? A painful and expensive procedure. Don't think Mr Dobbin would give up control of this organisation easily. It is also another method of bringing in fresh money without being beholden to certain banks. Watch this space.
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