Transat AT Inc T.TRZ

Alternate Symbol(s): TRZBF

Consumer Cyclical Leisure

Transat A.T. Inc. is a Canada-based provider of leisure travel particularly as an airline under the Air Transat brand. The Company's core business consists of a Canadian leisure airline, offering international and Canadian destinations, and is vertically integrated with its other services of holiday packages, distribution through a travel agency network and value-added services at travel destinations. The Company, through its business units, is focused on four business segments: air transportation, outgoing tour operators, destination services and retail distribution. It flies to international destinations in the Americas and Europe, and offers domestic and connecting flights within Canada. Its destination services offer a range of products for customers of outgoing tour operators: hospitality and representation, excursions, tours, sports and other activities, specialty services and others. Its retail distribution consists of providing advice to travelers and selling consumer products.

TSX:TRZ - Post by User

Transat AT Inc

Bullboard Posts

Comment by Bookendson Dec 16, 2019 6:26pm

197 Views

Post# 30461145

RE:Market's insanity... TRZ vs CFP

So looking back since late August,

I just decided to roll some of the TRZ profits into CFP for a quick 3%+ before year end... Hoping to be able to grab back TRZ about flat in early January.

The risk of having the CFP vote fail is still present, but I'm pretty confident it'll pass, even without Letko's stamp of approval.

If the proxies showed the transaction was going to fail, management would announce a post-ponement of the meeting on the 18th. I think it's a gift that the market pulled CFP down from it's ridiculous arb price of 15.95$+.

Bookends wrote: Last close:
TRZ @ 15.18
CFP @ 15.21

Offer on the table
TRZ @ 18
CFP @ 16

Offer accepted by the board?
TRZ - YES... ANNNNNNNND already voted by the shareholders
CFP - In review

WTF is wrong with you market?