Post by
BlueJay2020 on Jun 18, 2021 8:48am
Brookfield ‘improves’ offer
Making it an all-cash offer and threatening to sweeten by 90 cents if the break-fee is rescinded. Surely a final offer and well short of what some think IPL is worth. No idea why an IPL shareholder would take this over PPL.
Comment by
micromike on Jun 18, 2021 8:56am
They are playing games. If it doesn't work then they will up the offer if in fact they want a bidding war.
Comment by
stocktalk on Jun 18, 2021 9:01am
They don't want to be on the hook for the $350 break up fee ! Too bad so sad, Live by the sword, die by the sword.
Comment by
RayDonovan78 on Jun 18, 2021 9:08am
When they up it to $25 per share all cash I may be interested. The PPL is a better deal by far, CIBC just upgraded PPL to an outperform with a $47 price target