Inter Pipeline Fd Limited Partnership Unit CL A IPPLF

RE:RE:RE:I was wrong - but just a little

[Oldfart74]

Joe455 wrote:

mrbb wrote:

it depend on the deal.  BIPC got IPL on the cheap, it is better for BIPC to pay 20$ than to dilute BIPC with new IPL shareholders.  Look how BIPC got whacked 2% today, likely BIPC trying to make sure 25% of $80's BIPC come close to $20 so ipl holders chooses cash or sell into the market close to $20 

 

 

Oldfart74 wrote: I had previously posted that it was possible that there would no proration of shares due to most shareholders electing the cash option. Instead there appears to be minor proration.- 10%.
Reinforces my feelings that in takeover situations CASH IS KING.

 

 

What will happen when the market is flooded with new BIPC shares?

Why would anyone who elected to receive shares now flood the market with the shares they received? Makes no sense.