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Bullboard - Stock Discussion Forum Veresen Inc. T.VSN.DB.B

Energy Oil & Gas Midstream

TSX:VSN.DB.B - Post Discussion

Veresen Inc. > Definitely asking for cash
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Post by hawk35 on Aug 15, 2017 12:13pm

Definitely asking for cash

Based on the weakness of PPL price over the last two weeks, I will be asking for cash.  It no doubt will get pro rated between stock and cash.  I'm thinking PPL will trade below 40.00 after the deal closes so I will buy more PPL stock on the open market after the deal closes.  Seems like a no brainer.
Comment by whodathunkit on Aug 18, 2017 12:29pm
At this point I too am going 100% cash.  I agree that most everyone will likely do that now so yes, proration will be in order. Cheers.
Veresen Inc.
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