I have followed LEVP a little and made some money on it (and another chunk today if the buyout holds up). I liked the heavy positions taken by members of management out of their own pockets, and posted about it a couple of times.
I have not followed VPHM and have no idea (nor do I care much) whether this is a good deal for that company. Give me cash and/or a wide collar and I'm happy. I seldom hold the successor company.
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