We could have elected Leo the Lion as CEO and come out better than this. At least we would have a big roar on every CC.
So, I am super confused right now. NRF was running at about 65% payout of FFO/CAD and the new entity will be doing about 70%. Where is the justice in this????
This is sarcasm, but I have no doubt Hamo will find a way out of notifying shareholders about the merger being completed by using the smallest print he can find on their next press release about strategic alternatives.
In an even smaller print will be a compensation increase of 25% if the merger goes through.