desparate attempt at nhc shareholders' expens, page-28

Gp energy was owned by some hedgies who obviously felt like idiots after selling their assets for less than what GDF are stumping up for 25% of the same assets. They had an opportunity to take them back and took it. There's no doubt that they will screw over the rest of the holders. I just hope the 50% who didn't bother voting will cast a vote when the takeover bid arrives at a "massive" 50% premium to the current share price. The t/o will come in a years time when the "independent" board find a way to spend all the cash leaving DTE with "no option" but to recommend the extremely generous consideration for all shares from nhc...