I feel screwedI sold my KDI long ago.
So this joining with KDI means a huge diiution for me.
But it's a great deal for KDI shareholders. They just got a 45 cent bump in price. Plus maybe a dividend.
But if MPVD was going to issue a $16MM dividend, I would have gotten 10 cents a share. Now, instead, I will get ~7.5 cents.
In other words, this move is going to cut any dividend I might get by ~25%. For what?