In addition, this is absolutely fantastic news.
MW is an aggressive negotiator and won't settle for a dud deal now that he has forced the hand of the board.
Rarely does a shell with this much cash already secured become available. Usually it would be an elongated process of investor roadshows and raises capital but this thing will be ready to bolt out the gate, cash in hand with a new vehicle by way of an earnings accretive business being dropped into it.
If you got in around these levels over the last few months, you should be rewarded handsomely.
IMO DYOR.
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