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- NTS Realty Holdings' new merger agreement leads to 8.5%-15.0% upside if closed.
- Lack of financing condition and favorable termination clause deserves higher odds to close than the current market price implies.
- The transaction will be processed on an expedited process. We expect the deal to close in late May.
- I recommend a long position in the stock.
NTS Realty Holdings (NLP) announced that it has reached a preliminary settlement with plaintiffs regarding its go-private deal. A conspicuous change in the merger...
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