The Motley Fool Discussion Boards
Stocks Y / Yongye International
|Subject: Re: Going private at $6.60?||Date: 10/15/2012 3:25 PM|
|Author: mekong22||Number: 227 of 259|
To express your displeasure with the low go private offer, you should be contacting the Board's Special Committee, Mr. Sean Shao, Mr. Xiaochuan Guo and Mr. Xindan Li, who will be evaluating the offer. Explain that you are a shareholder and remind them that it is their fiduciary duty to act in the shareholder's interests. Explain why you think the price is way too low. Make sure you request that they have a majority of the minority shareholder vote IF they do accept any go private offer. Obviously keep it professional and concise. Remember, the Board works for us, the shareholders. I can guarantee that all correspondence will be reviewed by them and legal counsel.
I believe that the best way to contact the special committee is to write them at the company's corporate headquarters, and cc a copy to their legal counsel, Cleary Gottlieb, Steen & Hamilton LLP. Use the address from today's press release where the proposal letter was sent
Special Committee of The Board of Directors of
Yongye International, Inc.
6th Floor, Suite 608, Xue Yuan International Tower
No. 1 Zhichun Road, Haidian District
Cleary Gottlieb, Steen & Hamilton LLP
Twin Towers - West (23Fl)
12 B Jianguomen Wai Da Jie
Also might not be a bad idea to scan a signed copy and also email it to investor relations firstname.lastname@example.org and request that they forward it to the committee members and legal counsel.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|