RE: New thought on N/R I believe this is a possible scenario. I was informed by a trusted source in Calgary that Argent expressed an interest in Equal’s US assets, so they could be an acquirer for sure. We also have a host of US based MLPs who can now acquire Equal with shares now that they will be solely US based, and we have buyers like ICON Investments who are raising $200m to $300m for the purposes of acquiring Hunton assets.
If a stock transaction was to take place in the next few weeks, I expect a deal in the $6 range, assuming that Equal will trade at $4+ next week as a result of yesterday’s news.
Regards,
Nawar