Got my meeting docs in the mail today. $25 million is the net...

Got my meeting docs in the mail today.
$25 million is the net proceeds (including sale of TGP to Palisade)

Terms of Sale

74.1% of WANH to ATCO
100% of TGP to Palisade
20.1% of Multinet and its 100% interest in DBNGP to Duet


Purchase price $555,000,000
Completion cash balance $34,125,000
Restricted cash balance (PWH) $20,000,000
GROSS PROCEEDS $609,125,000

Westnet facility ($560,751,000)
Other transaction costs ($20,376,000)
Estimated wind up costs ($3,000,000)

NET PROCEEDS $24,998,000



A resounding NO for my vote.