Company announced they are exploring strategic alternatives that may include a sale of the entire company.
Stock has never recovered from 2018's shock horrendous performance.
External manager has virtually no chance of ever collecting incentive fee again.
OK risk/reward even after external manager gets paid ludicrous fees for doing a terrible job.
For those of you who aren't familiar with Macquarie Infrastructure (MIC), it is an externally managed collection of three businesses that have virtually zero synergies and no reason to be under the