Ann: Proposal from Latitude for Humm Consumer Finance, page-109

Put aside the value of the deal for a second, I think the deal is a good alternative to taking the whole thing private (which would be terrible for those who held for so long and believe a growth period is finally around the corner). This deal is basically breaking up Hum into 2 pure plays, which is what we've always wanted and is probably one of the last explanations / excuses why this has always been a dog. Separate entities for value and growth investors and it's just the latter will have a different ticker thats all. That in itself might restore proper valuations for each part of the business, regardless of the value of the deal.