RE:WELLS
Keep in mind that their shares were at that level previously. The shares are worth more to us as part of our whole, and with the incursion into the US market. And especially with the earnings that division will provide to us. Where else were we going to get those kind of earnings for that price? Also we want the shareholders and the employees coming along running the division to be content and not disgruntled. Remember for many of them, they are just getting back to where they were last year in terms of share price.