Comment by
Olympia2 on Nov 03, 2024 12:52am
could that be the reason, why there are no news about the spin offs for such a long time? TUD can only buy TUO's 20% for shares. An amalgamation with TUD means that TUO shareholders will suffer dilution, so what would be the price for the carried interest? Any ideas, comments?
Comment by
rockport1 on Nov 05, 2024 3:35am
Olympia, how about $500 million plus a spinout of all other properties and NSRs (including Treaty Creek) to the Teuton shareholders?