I would certainly hold to see IF the acquisition goes through. It is not a sure thing as all shareholders (other than those employed by the companies or connected with this proposed transaction who are being paid off in one way or another) should be voting against this robbery.
Very sad day. Management destroyed this company and screwed the shareholders royally. Maybe Bernie Sanders will use this as an example of corrupt Wall Street. It fits.
What planet are you from? This deal is a total ripoff of the NTI shareholders! WNR is buying at a bargain basement price and the NTI shareholders will no longer be getting those super fat dividends, with stock price growth expected and a potential buyout from a better company at a fair price.
How about simply voting down the deal (robbery) because the price is too low (way too low). NTI will recover. I don't know about WNR.
I am still holding because I want to vote against this rip-off deal and hope it will fail as all NTI stockholders (other than those being paid off in one way or another) should vote against it. I also don't believe there is much risk at this price. If the deal goes through, I will reevaluate the investment (but most likely sell as I believe at this point there are much better opportunities).
No doubt you work for the loser corrupt company WNR which has had horrendous stock performance (why it is only $3/share higher than NTI, and has caused NTI's stock price to go down beginning when the proposed acquisition announced), and which continues to underperform all its peers, eg. VLO. It is simply trying to steal NTI. Excluding an inventory adjustment, NTI had record earnings in 2015 and significant profits in the 4th qtr. The MLP form with the large dividends are why we all bought NTI in the first place. VOTE NO!!!
It doesn't for WNR (however it royally sucks for NTI). It's just that WNR is bad company and its performance shows that particularly versus its peers, eg, VLO.
It wasn't the proposed deal that caused the 50% haircut. Most if not all analysts maintained that WNR would be getting a steal. It simply is WNR's poor performance and lack of confidence in their management. For the benefit of NTI shareholders, I strongly hope this deal does not go through. VOTE NO!!!