Quote:
Originally Posted by Ducay
Ugh, not a fan of this, if only because it is likely a sign of things to come. Hopefully there is some pushback and the feds step in, but given the premium being paid on each share, I can't see there being too much anger from the shareholders.
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With a premium like that the shareholders will vote in favour (unless they get a higher offer, which seems unlikely, imo). The only real question is the regulatory side, will the government say this isn't a net benefit to Canada and block the deal. I doubt it (based on size) but you never know. It'll depend how big a political deal it becomes.