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Summit Industrial Income REIT Unit SMMCF

Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with property locations in Ontario, Western Canada, Quebec and Atlantic Canada. The company is focused on the light industrial sector of the Canadian real estate industry.


OTCPK:SMMCF - Post by User

Comment by BBAccount001on Nov 14, 2022 11:46am
110 Views
Post# 35096800

RE:two questions

RE:two questions1) I didn't notice any mention of a breakup fee so in theory they could walk away
2) The 4% return we thought we'd make on the merger arbitrage turns into 1% - This is why the price is not $23.50 today; there is always risk with any buyout
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