OTCPK:ICPVF - Post by User
Comment by
Oldfart74on Jul 23, 2021 11:34am
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Post# 33596075
RE:Glass Lewis recommends against PPL transaction
RE:Glass Lewis recommends against PPL transactionpjn0987654321 wrote: If the Brookfield offer is superior, I can't see it. Perfectly obvious to me that Brookfield is trying to get the company for far less than it's worth. Just a glance at the 10 year chart shows the price was around $22, and that's before Heartland. Glass Lewis and ISS, ha!
https://money.tmx.com/en/quote/IPL/news/8544373755440706
Who knows? Some may agree with you including IPL's Advisers and Board. I fail to see the correlation between the the 10 year chart and determination of which bid is superior. My view is that most shareholders will opt for the $20 cash. We await news from the IPL Board!