I welcome a takeover (rather than MGV trying to develop a stand-alone operation) since this is a far less risky pathway for MGV shareholders.
However, IMO WGX will struggle to gain traction with MGV shareholders with their current bid - the price is too skinny.
Hopefully other buyer/s will emerge (EVN, merger with GCY etc) to add some competitive tension.
C'mon MGV, I've been waiting for this takeover for about 3 years so hopefully we can get a bit of a bidding war going.
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