maybe they will sell heartland and increase dividend to prevent takeover. they don't want to sell the company
More here: Brookfield Infrastructure Commences Cash and Share Offer to Acquire Inter Pipeline Ltd.Brookfield offers to buy IPL for $16.50 in cash or stock.
I wouldn't expect BIPC to do anything less than try to take the company as cheap a price as possible.I think pretty much the same company. Definitely the predatory offer is lol.
Is the IPL disposition into BIP a taxable event? or is the cap gains deferred until you sell BIP?I think waiting is the most profitable thing to do. I'll probably take the shares in BIP as I have a pretty hefty capital gain.
At any rate under $20 I'm pretty sure there may be other dogs sniffing about.