Q: ONR.UN is to be take private, and if I understand correctly, current shareholders are to receive $4.275 in cash per unit (if they elect to take cash) OR shares of Smart Reit (calculated at $4.20) if they prefer. As Mitch Goldhar owns so much of this stock, I assume the deal will be approved.
Do you have a recommendation as to whether shareholders should (a) sell into the current market at $4.21, (b) keep stock and elect cash or (c) keep stock and choose shares in SmartReit.
Do you have a recommendation as to whether shareholders should (a) sell into the current market at $4.21, (b) keep stock and elect cash or (c) keep stock and choose shares in SmartReit.