What was more interesting was that they have two backup plans for if the deal fails. One is they could spin off their own trust, two; they have another potential buyer looking for additional oil assets they can sell to as well.
So, it is really a "no brainer" here in terms of RAM looking out for their shareholders and reducing their debt load in these uncertain economic times.
It was amusing to hear the same question asked three different ways in regards to the asset sale to the trust. Gotta hand it to them for trying!
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