Are you implying that they are going to buy us out in all cash? I thought it is going to be some cash and some 8150 shares. And I think the real big gain will come after the conversion when we become one entity, and when 8150's valuation catch up with Chipbond. So in my opinion, I actually want more 8150 shares than cash.
Yes, we are getting a good deal, although stock-price-wise it may not reflect it in the short-term. But the 56-44% split between CSG-GPT have locked in the good deal. I won't worry too much about the price. I only care that we get CSG's properties at a discount. I would keep my finger crossed that the deal will go through.
I don't think this necessarily moves the management closer to the 2016 $36 incentive target. But I think this would benefit the company in the long run. REITs is about scale, cheap capital, and diversifying portfolio. I think Mr. DuGan is looking at much longer down in the road than just the 2016 incentive package.