lets hope so given that my understanding is that ML is estimating that the purchase price for the AET&D is simply the balance of AET&D's corporate debt facility : "This is based off a purchase price commensurate with AET&D?s holdco debt facility balance of ~$518m" implying zero for equity holders(ie. ex BEPPA owners) but then again if the prospective return to BEPPA's was zero i think everyone would vote against the sale. well at least i would.
PIH Price at posting:
$4.90 Sentiment: None Disclosure: Held