GREY:MSTUF - Post by User
Comment by
retiredcfon Mar 10, 2017 1:34pm
137 Views
Post# 25964645
RE:RE:RE:NR..TODAY
RE:RE:RE:NR..TODAYIMHO, there's no need for this level of angst.
The fact that the vote was delayed obviously tells you one thing - there were clear indications that it wasn't going to pass with this offer price (see Imhof's comments).
So the two sides are likely back at the table to pound out something that both Starwood can live with and that will provide enough of an appeal/incentive to the largest shareholders of MST.UN. to get their vote. They're not going to share these negotiations with the general public.
If they can't reach an agreement, then the deal won't pass and MST.UN can resume its progress as a highly regarded and independent company that is rapidly reducing costs and has a bright future.
Again, IMHO, provided that you are a longer term investor, we can't really lose no matter what happens. And in the meantime, our SP fluctuates with the exchange rate and we collect our dividends. GLTA