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Water Island calls on Pattern Energy shareholders to reject CPPIB offer

Investment fund manager Water Island Capital LLC on Tuesday urged Pattern Energy Group Inc shareholders to reject a $2.63 billion buyout offer from the Canada Pension Plan Investment Board (CPPIB), calling it undervalued. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: Investment, offer, reject, Energy, Pattern, Water, it undervalued, calling, (CPPIB), Board, Pension, the Canada, buyout, billion, Inc shareholders, Group, urged, Island Capital, manager, CPPIB, shareholders, calls, Island

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/6Th5csPj3Qo/water-island-calls-on-pattern-energy-shareholders-to-reject-cppib-offer-idUSL4N2AI37V

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