Not sure if this has been discussed here yet.
So, Pinetree and its joint actors have acquired 18.5% of McDonald.
They were absolutely instrumental in the Freewest deal.
I'm assuming they were instrumental in the Proxy battle.
Are these guys pulling all the strings in the ROF, or what?
Do they repesent their own house, or I wonder who they trade through? Perhaps a quick look at the BMK House Positions on those big volume days would shed some light on that.
I don't know much about them but would love to hear some further discussion and opinions. They seem to be lurking in the shadows at just the right times.
Let's just say that if the next takeover target for NOT is BMK, I won't be surprised. Consolidation is still a major issue at this point and Wes was clear about his objectives and I'm not so sure they won't step up to the plate again in the near future. It worked quite well the first time.
B