A way to go yet Even once Brookfield formalizes this latest "offer", we will have a certain amount of time until it closes. So there is no real rush for the other potential buyers to beat them to the punch. They can wait until the offer is actally on the table, study it, then counter if they so wish.
So, unfortunately, this will get drawn out a bit longer.
But, fortunately, that means that the closing date should now come well after we get the financing for Yabucoa, and that will add further value, especially if one of the other acquirors wants Yabucoa.
So this story is far from over, and seems to only be getting better.
Yes, it would be nice to get paid today, so we can move on. But if we can squeeze another 50 cents out of this deal by waiting another month, will anyone really complain? Well, I know madmoney will complain, as that is all he ever does! :o)