Anyone have a guess what the impact on net income will be without those operations..if they were non performers, maybe that will be a good thing..clean up a little debt while getting rid of unneeded distraction.
I would like to see more information, but this deal, while not great, should improve the outlook over time. The plants weren't going to contribute much to the bottom line and may have needed some expensive upgrades.
Prior to this announcement, they had said they could replace the cash flow from other projects. We'll see. If the divvy is cut, I'm gone.