Shareholders call for a better offer from Beament’s Northern Star

Shareholders call for a better offer from Beament’s Northern Star

Takeover tensions rise as EAR shareholders insist on receiving a better offer from Bill Beament’s Northern Star Resources Ltd (ASX: NST). On August 2019, NST announced that they entered into a Bid Implementation Agreement (BIA) to acquire the shares of Echo Resources Ltd (ASX: EAR). Since then, Echo Shareholders have become uneasy and undecided whether to accept NST’s 33¢ per share offer or to wait it out until the bid increases. Shareholders urge Beament to increase takeover offer Echo Shareholders call for a revaluation of the takeover offer, hoping for…