Thanx for ping.
Today, Prime West Energy Trust (PWI), a Canadian trust company traded on NYSE has agreed to be acquired by Abu Dhabi's state- owned energy company for $2.4 billion plus the assumption of debt. Full disclosure, I own it. Well, sale effective sometime in November.
The deal was made the day after the Canadian dollar (I love that, DOLLAR) reached parity with USD.
The price, $27, is a 30% premium to Fridays close.
:I am OK with this sale. Think I will buy a new computer.
yitbos
I have no pertinent investments and only have public news information, but it’s great to see friends do well! :-)