What nonsense. This could not be a softer rec even if it was written on Charmin. It's words are so weak and non specific that it is more of a non recommendation ('read between the lines - we are saying absolutely nothing'): a reasonable rationale; no significant governance concerns; approval warranted based on review of transaction term only.

And the disclamer is interesting that approval from ISS was not sought or given. Wonder what they really said around these words or if they said anything at all? This means nothing to me and neither did Ms. Kents note which sounds alot more like Joanna Longo's phrasings in my opinion. Glad to hear that Kents shares had already been discounted, we will prevail.