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ACMG - $2.05 buyout on the table?? TBA on 2/15
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[QUOTE]Originally posted by tmanfromtexas: [QB] MONTREAL--(MARKET WIRE)--Jan 31, 2007 -- Alcar Chemical Group Inc. (Other OTC:ACMG.PK - News) announces today that it is continuing talks with US Sustainable Energy Corp. for the acquisition of controlling interest in Alcar Chemicals Group Inc. to proceed towards a US expansion for an estimated USD $280 million, representing approximately $2.00 per share. This may be why the poster at Ihub stated what they did. This was their deal with USSE. That of course fell through but read the last line. 280mm for expansion that equates to $2.00 a share. The SEA group may be doing the same thing. Providing financing for a share of the pie. The financing is worth 2 bucks a share. That doesnt mean they are paying 2 bucks a share. IMO. Are they playing loose with PR's to confuse share holders? Do they have a lousy PR writer? dunno. I guess we will find out the 15th. TMAN... [/QB][/QUOTE]
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