7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Rio Tinto to revert to original takeover deal terms with Turquoise Hill


Rio Tinto PLC has been unable to reach an agreement with Turquoise Hill Resources Ltd. about how to balance the preferential treatment it is extending to one set of minority shareholders over the rest in a multibillion-dollar takeover, and it has decided to revert back to its original takeover deal terms.

Last week, Turquoise Hill said it was indefinitely postponing the shareholder vote on the proposed $4.2-billion takeover of the company by Rio Tinto as Quebec’s top securities regulator, the Autorité des marchés financier (AMF), studies whether a backdoor deal Rio cut with dissident shareholders is legal.

Rio earlier reached an agreement with Pentwater Capital Management LP and SailingStone Capital Partners LLC, under which the two U.S. investors would be paid out 80 per cent of the $43-a-share takeover amount being offered to all Turquoise Hill shareholders and, after a ruling from an arbitrator, the remaining 20 per cent, plus interest, and potentially much more. The arrangement could see the two firms walk away with tens of millions in extra profits.

Quebec’s security regulator, the AMF, intervened almost immediately, and said it considered the transaction potentially unfair to the other minority shareholders, and said it raised public interest concerns.

Turquoise Hill has in the interim been in talks with Rio Tinto to try to solve the deadlock.

Rio Tinto said on Thursday evening that it was unable to come up with a new solution, and that the deal as originally envisaged is back on, with no side deal for the dissident shareholders any more.

https://www.tausiinsider.com/rio-tinto-to-revert-to-original-takeover-deal-terms-with-turquoise-hill/?feed_id=335388&_unique_id=64850b9a51b96

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