Ohhh kay... so exactly how might "SLR holders get the full 100% return"? Some sort of special dividend...?
In which case you'd be stripping over $100 million out of the balance sheet after the merger details have been agreed upon, and then expect Red to just say, "Oh, no problem, perhaps you'd like to take a little more? We don't need it anyway."
The merger details were agreed upon to include the Red shareholding in the merged entity.
To do as you suggest would be an absolute reneging of the deal.
SLR Price at posting:
$1.57 Sentiment: None Disclosure: Held
