Post by
soundandfury on May 25, 2018 7:03pm
Sweeter bid comeing?
I'd say there is a 80% chance enb sweetens the bid to 33.00 and changes it to an all cash offer. They enbridge realize there is a much better chance of success with a better bid. The bid as it now stands would probably get voted down......and only if enbridge stock rises too 50.00 would a share swap ever be acceptable.
Comment by
CHECKMATE77 on May 25, 2018 7:17pm
OMG my head hurts. Enb owns something like 60% of ENF guess how the vote is going to happen Come on people
Comment by
freedomfiddy on May 25, 2018 7:22pm
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Comment by
freedomfiddy on May 25, 2018 7:20pm
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Comment by
TickerTwit on May 25, 2018 9:24pm
Zero chance of a cash component in the offers, I think. If ENB isn't using shares it would have to borrow for the cash ... which aggravates the debt concern. .