Q: Hello 5i, Could you comment on the deal between Chord and Enerplus also if there is any chance that Devon could come in with a better offer. I own Enerplus and would like to know if to sell into the current market or hold for a better offer?
5i Research Answer:
Please see this answer from last week.
https://www.5iresearch.ca/questions/168718
The spread to the offer value has subsequently been reduced to less than 1%, implying more investors think a new or higher offer might be forthcoming than a week ago.