100% agree on the risk vs reward value proposition evident with VMY.
Also, after looking deeper into JB + DYL it's fairly clear that a takeover would be less than ideal.
If everything remains on track, the gains realised with VMY will be significant. Any takeover will simply dilute the asymmetry.
Best result will be for VMY to stay the course, locking in new CEO as approvals materialise. No brainer.
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