RE:100% Ownership in the Deerfoot - an Excellent Move!Awesome, in depth analysis. Thank you TLV
Just to underscore what you are saying, I like what I've been able to do professionally, which is learn from smart people
One important lesson was that you make your profit when you buy, not when you sell.
This works for inventories, operating assets and real estate.
That is why you want to make the most informed, best decision you can going in.
From my quick and dirty (2 X book, about 7.5% of market cap) this doled out "no favours"...and from yours, and from the input of others, I think we can say the intrinsic merits of the deal are solid.
I think we can give this a collective thumbs up