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- 30M share Secondary priced at $19.00. RMR has to go!
So don't think the buyout will happen, do you?
I think we'll see a proxy fight that ends with more independent representation on the board.
Would love to see explanation for that decision. Who wants $25 when we can dilute for $19?
If nothing else, this has made the whole management issue public. I would foresee a proxy fight at the least. P/FFO is 1/3 of comps.
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