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Rithm Property Trust Inc T.AJX


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Post by sparkyAgon Oct 19, 2021 11:55am
212 Views
Post# 34022772

Without price improvement the deal goes down in flames.

Without price improvement the deal goes down in flames.Please tell me where I am wrong.

I see that the stronger you believe that Kubota will pay up to win at any cost, the less likely you are to make a bid above the current Kubota bid. You would just be wasting your time.

 So, under this situation, the only way to get a higher bid on the table is to vote the current deal down or convince Kubota to pay their maximum price now. Or for Kubota to show some flexibility and set a new (higher) price that will assure a successful vote.
 
 I do not think that the current deal price gets it done.
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