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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by Sunnyboyon Feb 11, 2019 4:22pm
106 Views
Post# 29349217

RE:RE:Easy Pickings

RE:RE:Easy PickingsI read it as follow: Whoever holds units at the closing date in Q2 ( Could be April fool’s day or June 30 ) will get $7.779 CAD/unit. I believe May 31 ex div date and pay date June 15 are out the door . ( You don’t have to own units May 31 to get the .209 as the closing date might be before that.) So the complete deal for whoever holds units at the closing date is $7.57 + $ .209 = $7.779 CAD. The news release about the sale of Crius does not indicate any restrictions of who will get the $.209 on top of the $7.57. It just indicates a total consideration of $7.779 at closing for whoever holds units at that point.

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