Selling Park Lawn

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Dan, can you explain a little more about your sell reasons. Is it just that you don’t trust what the new owners will do?

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Asked on June 5, 2024 2:20 pm
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Private answer

Hey there. The company is being taken private. So, it won't be publicly traded anymore. When the offer closes you'll receive $26.50 in cash and the company will be removed from the index.

I sold for $25.95. $0.65 less than the offering price. So you have two choices, wait until it closes and get $26.50 or sell now and get the $25.95. For me, hanging on for an extra 2.7%~ was not worth the risk of the deal falling through and it falling back to the $16-17 range, so I sold.

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Posted by Dan Kent
Answered on June 5, 2024 2:40 pm
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Ok, thanks Dan, makes total sense.
(trevor thompson at June 5, 2024 6:04 pm)
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Nice move on selling now! 😃
(Rick Reeves at June 6, 2024 3:53 am)
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