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Calfrac Shareholders: Protect Your Investment by Voting AGAINST the Amended Management Transaction
Calfrac Shareholders: Protect Your Investment by Voting AGAINST the Amended Management Tr...
About this update from Calfrac Well Services Ltd.
[{"type":"text","content":"Wilks-CalfracOffer\n \n \n \n Calfrac Shareholders: Protect Your Investment by Voting AGAINST the Amended Management Transaction\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n CISCO, Texas, Oct. 13, 2020\n \n \n \n \n \n \n PROXY ADVISORS UNANIMOUSLY AGREE SHAREHOLDERS SHOULD VOTE AGAINST\n \n : ISS and Glass Lewis continue to recommend that Shareholders\n \n VOTE AGAINST\n \n the Amended Management Transaction to protect their investment and right to a premium recovery.\n \n \n \n WILKS' PREMIUM OFFER REMAINS THE SUPERIOR CHOICE\n \n : No matter how you look at it,\n \n $0.18\n \n cash per share (and up to\n \n $0.25\n \n cash per share) from Wilks remains the best option for Calfrac's shareholders.\n \n \n \n LEADING INDEPENDENT INDUSTRY EXPERTS SOUND THE ALARM ON CALFRAC\n \n :  Independent analysts are warning that Calfrac will likely be in bankruptcy protection within months if the Amended Management Transaction is completed. Shareholders would be most affected, which is why the Amended Management Transaction is a bad deal for everyone.\n \n \n \n WHEN THE SMOKE CLEARS, THE WILKS' PREMIUM OFFER REMAINS\n \n :  No one is falling for Calfrac's 'smoke and mirror' approach to try to mislead shareholders on the feasibility of the Premium Offer.  The simple truth is that the Premium Offer is the best, most direct path to a premium recovery and does not require Court or creditor approval.\n \n \n \n VOTE AGAINST CALFRAC TODAY\n \n :  Use the BLUE proxy form TODAY to vote AGAINST the Amended Management Transaction and let Calfrac know that shareholders deserve better.\n \n \n \n \n CISCO, Texas\n \n ,\n \n Oct. 13, 2020\n \n /CNW/ - Wilks Brothers, LLC (\"Wilks\") reminds shareholders of Calfrac Well Services Ltd. (\"Calfrac\") (TSX: CFW) to vote AGAINST Calfrac's amended Recapitalization Transaction (the \"Amended Management Transaction\") at the special meeting of Shareholders to be held on\n \n October 16, 2020\n \n (the \"Meeting\").\n \n \n The\n \n \n \n \n deadline to submit your BLUE proxy and VOTE A...