Situational Overview
Sometimes timing is truly perfect.
Just days before the major declines related to the COVID-19 pandemic started causing headaches for investors, Northview (US ticker: NPRUF Canadian ticker: NVU.UN) a REIT based and operating in Canada, announced that they are being acquired by Starlight Group Property Holdings Inc. and KingSett Capital Inc.
The offer was a pretty decent one too. The offer is priced at C$36.25 per unit, a 12% premium on the prior day's closing price. This offer propelled Northview's unit price to an all-time high, slightly above C$36.50. The reason for a