Veresen Inc. T.VSN.DB.B

RE:Current SP vs. take cash from merger

[whodathunkit]

RipCrackle wrote: So, why not buy VSN at this price and then ask for cash? In other words, why isn't the price at $18.60?? I get that there is a limited pool of money that can be used to pay out fully, but I would think that most institutional investors will want PPL + Cash, no?

I've thought the very same thing.  I guess the risk is, if you get PPL shares, how long will it take for them to go back up to the $18.60 (18.65??) equivalent value which if memeory serves me is somewhere around $43.50.  Not an unsafe holding but it may take a while to get back up there.

Cheers.