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  5. PKI: When might deal close and what might your guesstimated csh price might be if one wanted to cash out? [Parkland Corporation]
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Q: When might deal close and what might your guesstimated csh price might be if one wanted to cash out?
Asked by Steve on June 26, 2025
5i Research Answer:

The deal still requires some conditions to be met and approval by the court. The companies only say 'in the second half of 2025'. We would suggest it will be faster, perhaps September/October but these things are tough to call. The market price is $37.67. With the new shares needing to be created and traded, we might guess at $40 once new trading starts, if the market stays calm.