Q: 2 questions:
1. What are your thoughts on the news about Encana moving to the US? Do you agree it creates additional opportunities for the company and see it as positive news
2. they say under the deal, shareholders receive 1 share of the NewCo for every 4 shares of Encana. If I own 101 Encana shares, I would get 25 shares of NewCo, but what about the remainder? Is it returned in cash?
1. What are your thoughts on the news about Encana moving to the US? Do you agree it creates additional opportunities for the company and see it as positive news
2. they say under the deal, shareholders receive 1 share of the NewCo for every 4 shares of Encana. If I own 101 Encana shares, I would get 25 shares of NewCo, but what about the remainder? Is it returned in cash?