johnny41...cpg dealthe closing date for the bought deal is on or about june 16..it is not dependent on the legacy deal to go thru..so they will use the money to reduce the assumed debt if the deal goes though..if deal fails..they have minimum 600$ million in cash with the bank group holding 21 million shares looking to unload to their customers...dilutive yes..but cpg mgmt will now have 600$ million extra in the bank...no new debt..but more divs to be paid every month 21 million times .23 cents..$4.83 million per month....good luck to all.