RE:RE:RE:RE:RE:$1.60 per share for PLM
From the June 29, 2020 new release:
Aimia and Aeromexico have also agreed to modify the Shareholders Agreement to grant Aeromexico a 7 year option to purchase Aimia's 48.9% equity interest in PLM at a minimum price of US$400 million for Aimia's equity interest or at an Adjusted EBITDA multiple of 7.5x, whichever is greater, plus Aimia's pro-rata share of cash, net of any third party financial debt.
Minimum US$400 million = CDN$505 /92,488,212shares = $5.46/share minimum.
Good luck with your shorting
Go Longs!!!