merger with brookfield infrastructure, canada

The offer of 4.60 if taken up will effectivly be more as they are still paying the quarterly divi of 7.5c for the PIH shares

I have been trading these often and hold heaps and I will not vote yes as I would think that there would be considerable pressure from the bigger non-Brookfield holders to achieve a price of at least what they paid when the original recapitalisation deal was done with BBI & BEPPA

http://www.marketwire.com/press-release/Prime-Infrastructure-and-Brookfield-Infrastructure-Strike-Merger-Agreement-NYSE-BIP-1307915.htm

http://www.quote.com/news/story.action?id=INW234u1141