OTCPK:ICPVF - Post by User
Post by
Quintessential1on Jul 19, 2021 10:58am
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Post# 33569079
I can't really go too wrong voting no.
I can't really go too wrong voting no.If PPL ends up with 2/3 of the IPL vote then I get the .5 to 1 PPL shares. PPL is a good company and together value will be added for both shareholders down the road.
If PPL does not get 2/3 of the vote and Brookfield recieves 55% of the tendered shares then they must extend the tender offer and I can relinquish my shares then for the higher offer and choose which option I like best, all cash or cash shares. I can then take my cash and choose where to reinvest it as I see fit. It did pretty good here if this happens.
If PPL does not get the 2/3 of the vote and Brookfield does not recieve 55% of the tendered shares then I get my wish and keep my investment with IPL. There was always a risk to reward payoff that I liked here. The Brookfield hostile bid and the PPL counter offer only confirms IPL's value.