RE:Common A share's premium......I watched the A's this week, the activity by TD, FBN and one market maker seems unusual to me. But yeah, it's obvious they need to get debt and interest cost down to a financial market and common sense level (LTD of $3B @ 3% plus revolver?) soon and the BT sale doesn't get them there. I also note that they secured US lending recently, very unusual A shares activity of course, Bain sold some BRP shares last month and Beaudier unloaded their interest in Mcinnis Cement recently. What this means and what will happen I do not know but I believe it will limit our (B shareholders) upside going forward. Of course somebody else will benefit as they always do... At least the debt situation is real and requires a solution (as opposed to opportunistic go private transactions that strictly take advantage of market fluctuations). GLTA
Acuras1 wrote: Somebody knows a lot more about this $ spread than the rest of us!
All kinds of deals can be made and one of these could well be going private or, doing some sort of restructuring with additional backing from a hedge fund type of partner (as in what they ended up doing with BRP and Bain).
Of course I'm just speculating..........but.......it's got to be something close to that.GLTA