Since this is a unit for unit transfer plus small amount of cash it seems RGP is under attack and this is having a direct effect on our buyout price. If it keeps it up RGP might be a good buying opportunity
Please vote the deal down PVR holders.....I wish RGP will crash under $25, so I can pick more shares. If the deal falls through, I can recoup my investment pre-announcement, AND make a bundle post-deal-fall-through.
Yeah, like LNCO-BRY, the ratio is the exchange rate, not what the merger estimates were before the sp drop. But in this case, PVR is the ugly child like LNCO is, dragging RGP price down.....Cut the cord, please...so RGP can float back up.
Sorry, but no. The agreement is for 1.02 RGP unit (plus a little cash), whatever RGP units are worth, for each PVR unit. There is no floor or ceiling built into the deal. So watch RGP's price because that's what you're getting.
And the $ 5.8 billion includes RGP's assumption of PVR's debt, which has nothing to do with what the PVR unit holders will get anyway.
So if RGP's unit price tanks for whatever reason, PVR's unit holders' only recourse is to vote the deal down. Certainly, the agreement doesn't give them any additional RGP units.