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JA Solar (JASO)

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7 hours ago, MVA said:

So, 10% can block the deal? 

"if at the time when the shareholders' approval is obtained, the holders of more than 10% of ordinary shares have validly served notices of objection, and within 10 business days the Parent Parties have not granted an irrevocable waiver of this condition, either the Company or the Parent Parties may terminate the Merger Agreement."


It reads that the company or the parent parties have the right to cancel the buyout. I doubt that happens as you know who runs the company.

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