Thanks

Should gradually recover........key words.
Using receipts is a blunting tactic mostly...you get a discounted price for waiting for the $$/shares.
A huge run on the stock is avoided/backstopped.

I continue to see these mega utility deals and the (minimal) impact they have on share price as a sign of investors who are not taking a (reasonable) step back
The new entity will be essentially an entirely different business going forward.
Its scary/amazing. 


Consider this cc'd to all my pipeline pals :)