Bad Deal for SGN Shareholders

Appears to me to be a bad deal for shareholders. A mooted 30 per cent premium on price WPP is paying, however no cash changing hands, the premium is based on the contribution of WPP assets to the group so may be illusionary as it depends on the value of those assets to SGN and also the SGN price is so low that WPP is taking advantage of a premium at bargain prices. SGN management are not doing enough to ensure a good deal for existing shareholders. I will be voting no for the proposed merger and urge all existing shareholders to do the same to force WPP to bring a better offer to the table and if not for the business to be actively marketed for alternative offers.