Takeover Offer by Uniti Wireless (UWL), page-3

Good to know I’m not the only one out there!

Agreed it’s a low ball but i’m a little alarmed by the tone of the Street Talk article. Maybe I’m connecting dots that aren’t there but it seems to imply it’s a done deal.

While there’s no mention of OPC’s intentions the way the article reads and the alleged structure of the offer (which implies 50% cash and scrip) suggests OPCs founders and major shareholders are on board. In that case, if it goes ahead we will end up owning 25% of the combined business. Ie a minority holding...but no takeover premium according to Street Talk.

Something doesn’t add up.