A & W Food Services of Canada Inc T.AW

Good News

[Janniem]

I would have thought this billboard s would have been lit up with comments today. Makes me wonder Nader if these billboard sites are for real Woolworth wanting to do a negative spin.

[smush74]

Never many comments here, good boring company, stable growth and dividend.

[ol_griz]

Me, too.  I can't fathom the pullback, either.  Is there some doubt the transition will go through, blocked on share vote?  Mysterious.

[JWHIT2000]

I was pretty surprised with the pullback too. Thought this would creep up to $37 fairly quickly.  I don't mind collecting the dividend while I wait though.  :-)

[JWHIT2000]

This is looking quite appealing to me at these prices.  Guaranteed at least one distribution of $0.16 per unit and I see no reason why the proposed business combination would not be accepted. At today's price, that would be another $3.00 per unit  if you accept the cash offer. Not bad for a short term investment.  I bought some more this morning.  

[JWHIT2000]

Ahh.... apparently only 32.5% of units held by other than A&W Food Services will be purchased. There's the likely reason for the differential in price. ************ Unitholder Offer Details Under the terms of the Transaction, unitholders of the Fund (other than A&W Food Services and its affiliates) can elect to receive in exchange for each Fund unit: $37.00 in cash – representing a

[Imajined]

  Although no price has been stated the following was part of the release: the fair market value of the units of the Fund is in the range of $31.50 to $37.50 per unit, and the fair market value of the common shares of A&W Food Services NewCo is in the range of $32.00 to $38.00 per share The big question is where will shares of newco trade? Will this launch like an IPO?