AcquisitionsMay 12, 2026, 06:08 AM
Pacific Booker Engages INFOR Financial for Fairness Opinion on Hostile Bid
AI Summary
Pacific Booker Minerals Inc. announced the engagement of INFOR Financial Inc. to provide an Independent Fairness Opinion to its Special Committee. This opinion will assess the adequacy of the consideration offered in the unsolicited all-share takeover bid by American Eagle Gold Corp. The company's Board had previously established a Special Committee and recommended that shareholders not tender their shares to the hostile bid.
Key Highlights
- Pacific Booker engaged INFOR Financial to provide an Independent Fairness Opinion to its Special Committee.
- The opinion concerns the adequacy of consideration in American Eagle Gold Corp.'s unsolicited all-share takeover bid.
- American Eagle commenced the hostile bid on April 14, 2026.
- Pacific Booker's Board established a Special Committee on April 27, 2026, to review the bid.
- On April 29, 2026, the Board recommended shareholders not tender their shares to the hostile bid.
- INFOR Financial's compensation is a fixed fee, not contingent on the opinion's conclusions or the bid's outcome.