RBTT transaction risky, uncertain

The Trinidad Guardian "The proposal by the RBTT directors to sell 100 per cent of the bank to the Royal Bank of Canada (RBC) is deeply flawed in that it exposes the shareholders of the bank to an uncertain closing date, uncertainty over the timetable for the receipt of RBC shares and an uncertain final price in which there is risk of shareholders receiving less than $40 per share—the well-advertised sale price."