RE:RE:RE:RE:RE:RE:What protection is there?Jsboutin wrote: The minority shareholders (BAM is the majority shareholder) would have to accept the bid in a majority vote, so there is some protection there. BAM couldn't just bid 10$ per share and be done with it by voting with the shares they hold, for example. I suspect they would try to sweeten the deal back to at least last year's SIB of 21$/share. I could see BAM proceeding at 30% before NAV, which roughly aligns with that 21$ figure.
This is what I expect if it happens, with offering BAM shares instead of cash. Accretive to BAM shareholders, keeps the Brookfield name intact and don't have to spend a penny.