RE:Altagas at $28.2
There has been a nice move up in the ALA share price since the deal was announced. TWM have not said whether they plan to sell the shares immediately or hold and dispose over time. My guess is a quick sale via a negotiated deal with an institution for the whole block in one sale. While ALA pays a nice dividend if TWM hold the shares I suspect the interest savings on reducing debt are higher than the dividend. Unfortunately closing is dragging on and looking less likely this deal will have closed by the Dec 15 dividend date for the next ALA dividend payment..