Q: BPY/BAM possible deal.
As a holder of BPY the sale of BPY at the suggested price of $16.50/share is an absolute steal and robbery that is well timed to take advantage of the situation as we come out of the pandemic. That of my chest, to quote; "BROOKFIELD ASSET MANAGEMENT - HAS ASKED BPY BOARD TO APPOINT SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO COMMISSION INDEPENDENT VALUATION OF BPY UNITS"
How independent is this special committee likely to be? Is it likely that there will be a vote of all share holders?
Thanks, Stephen S
As a holder of BPY the sale of BPY at the suggested price of $16.50/share is an absolute steal and robbery that is well timed to take advantage of the situation as we come out of the pandemic. That of my chest, to quote; "BROOKFIELD ASSET MANAGEMENT - HAS ASKED BPY BOARD TO APPOINT SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO COMMISSION INDEPENDENT VALUATION OF BPY UNITS"
How independent is this special committee likely to be? Is it likely that there will be a vote of all share holders?
Thanks, Stephen S