Friday, July 21, 2017

Where Are the Synergies? Hydro One Deal

http://business.financialpost.com/opinion/terence-corcoran-hydro-ones-takeover-of-avista-is-fake-capitalism-for-monopolies/wcm/2c02a38c-9a36-47c8-813c-a078e4eaaaa1

As stated in earlier post (along the lines of this transaction will be a fail due to the forces of reality or a government backed and guaranteed success), the dividend is either going to be rock solid and Ontarians on the hook for paying higher prices to keep it this way, or a complete meltdown as the market wakes up to how this anomaly actually works.

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