Post by
uograd on Jun 04, 2021 8:48am
let brookfield have it and pocket the 350 million
350 million for a bit of paperwork is a pretty good score
ppl stock goes up if they get the deal and goes even higher if they don't get the deal.
with the 350, they could pay a special dividend that would make up for any incremental dividend increases the ipl deal would bring.
buy and hold here and you will make some nice coin over the summer.
Comment by
micromike on Jun 04, 2021 10:17am
Somebody has already posted a bidding war. IPL is trading above $20. PPL has to raise its bid to make this deal happen.
Comment by
Albatross on Jun 04, 2021 11:26am
Or alternatively the market buys into the fact that this is a good deal for Pembina and the stock price goes up which effectively would lift the relative offer to IPL